Topic: How To Invest

Hi, Pat: Just wanted to get your thoughts on Yahoo. Thanks in advance.

Article Excerpt

Yahoo! Inc., $48.38, symbol YHOO on Nasdaq (Shares outstanding: 947.4 million; Market cap: $46.8 billion; www.yahoo.com), offered one of the Internet’s first search engines when the company launched in 1994. Since then, it has become one of the Internet’s most popular destinations for content, search and navigational services. Yahoo’s 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. Before she left, she was a vice-president at Google. Yahoo continues to face strong competition from other search engines. However, under Mayer, the company is simplifying the look of its websites to make them easier to use. That should draw more users and help Yahoo 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…