Will Mayer Make Yahoo! Inc. (YHOO) Continue Moving Upwards?

Yahoo’s Market Performance

Yahoo’s market performance has been commendable in the recent past. Currently the shares of the company are being traded within the range of $21.02 and $21.25, while the 52 week range of the share price has been between $14.35 and $21.43. The difference between the two extremes shows the extent by which the share price of the company has improved. The following chart represents Yahoo’s market performance over the past year.

It can be observed from the chart that the share price has followed an upward trend since August 2012, and the reason behind this trend is the positive expectations surrounding the company after the appointment of Marissa Mayer as the CEO and the improving financial performance.

After the analysis of the relevant factors, in my opinion, investors should buy the shares in the company. The rationalization behind this recommendation is that there is sufficient evidence pointing toward the fact that Yahoo’s position will strengthen further in the prospective periods and this will reflect positively on the market performance of the company.

The article Will Mayer Make Yahoo! Continue Moving Upwards? originally appeared on Fool.com and is written by Muhammad Bazil.

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