Don’t look now, but Yahoo! is flirting with its 52-week high, at $33.50 or $44B market cap.
Considering that high was a result of a faux MSFT $50B hookup, this is a big deal. Is Yahoo! starting to get its act together is Yahoo! the latest company to get a lift courtesy of its Chinese exposure via a 39% stake in Alibaba?
Who knows… but with talk from CEO Jerry Yang that Yahoo! might open up etc., I am finally feeling better about the largest holding in my portfolio.
Tags: Investing, Yahoo!|
Posted By: Ashkan Karbasfrooshan | Oct 26th
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