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Yahoo (YHOO): A ‘Work in Progress’

Posted on July 23rd, 2010 in bullmarket.com geoffrey seiler, featured, India Shares, internet stocks, online stocks, search stocks, steven halpern, tech stock, Tech Stocks, technology stocks, thestockadvisors.com, Yahoo

Filed under: Earnings Reports, Yahoo! (YHOO), Newsletters, Stocks to Buy

"Based on valuation and solid improvements in some areas, we think Yahoo (YHOO) remains a buy," notes Geoffrey Seiler in the wake of the company's "mixed" second quarter earnings results.

The editor of BullMarket.com explains, "The company is still a work in progress and investors need to be patient, as the the payoff won't really come about until the company's efforts translate into solid, consistent sales growth.

"Revenue fell short of the Wall Street consensus but EPS beat by a penny. This was another mixed quarter from Yahoo. We think the company is generally making solid incremental progress and management is to be commended for diligently managing costs.

Continue reading Yahoo (YHOO): A 'Work in Progress'

Yahoo (YHOO): A 'Work in Progress' originally appeared on BloggingStocks on Fri, 23 Jul 2010 10:50:00 EST. Please see our terms for use of feeds.

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