Topic: How To Invest

I would like your evaluation on the prospects for Yahoo. Thank you.

Article Excerpt

Yahoo! Inc., $35.90, symbol YHOO on Nasdaq (Shares outstanding: 1.0 billion; Market cap: $36.1 billion; www.yahoo.com), offered one of the Internet’s first search engines when it launched in 1994 and has since become one of the most popular online destinations for content. Its sites also have a range of other features, including shopping and email. In July 2012, Yahoo appointed Marissa Mayer as president and CEO. Mayer joined Google in 1999 and helped develop many of that company’s most popular services. She was a vice-president at Google before she left. Under Mayer, Yahoo is simplifying the design of its websites, which should draw more users and help the company compete with Google and Facebook. In addition, Yahoo is shutting down many of its less-popular services to focus on its main sites. The company plans to cut the number of websites it operates from over 50 to around 10. At the same time, the company is working on making its services more popular among…