Category Archives: yhoo

Below are the Nasdaq 100 companies that are within 21% of their respective 52-week low. Instead, they are the starting point for doing your research and determining the best company to buy.  Ideally, a stock that is purchased from this list is done after a considerable decline in the price and extensive due diligence.

Symbol	Name	Price	P/E	EPS	Yield	P/B	% from low
GILD	Gilead	39.71	12.74	3.12	0	4.86	0.40%
APOL	Apollo	57.41	14.36	4	0	6.53	8.75%
QCOM	QUALCOMM	38.68	20.63	1.88	2.00%	3.09	9.08%
ATVI	Activision	11.08	130.35	0.09	1.40%	1.31	11.58%
GENZ	Genzyme	53.22	129.17	0.41	0	1.91	13.02%
RYAAY	Ryanair	28.16	0	0	0	0	13.46%
YHOO	Yahoo! Inc.	16.53	29.62	0.56	0	1.93	18.84%
SYMC	Symantec	16.77	43.56	0.39	0	3.13	20.04%

The best performing stock from last week's list was Qualcomm (QCOM) which rose 1.12%.  The worst performing stock was Apollo Group (APOL) which declined 9.63%.  Worth noting is the fact that Gilead Sciences (GILD) is moving very close to the October 10, 2008 adjust low price of $37.47.  If GILD falls below the $37 level then the next support level is $27 according to Dow Theory.

This is the first time that Yahoo! (YHOO) has appeared on our watchlist.  However, the most accurate low price should be the $8.95 low price that was attained in November 2008.  I would not be surprised to see YHOO become the subject of a takeover if the price falls any further.

While YHOO's price has gone relatively nowhere in the last year, potential acquirers have an expensive stock price on their hands.  This explains why Hewlett-Packard (HPQ) is buying Palm (PALM).  From the period of one year ago, HPQ's stock price has risen over 40% while PALM's had fallen by over 60% in the same time frame.  Stock prices are getting expensive and the only way to resolve this is by issuing more shares to raise capital or by acquiring another company.