Can New Yahoo! CEO Move the Stock? Technology Report by Leading Financial Newsletter Profit Confidential

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Yahoo! Inc. has been plagued with a stock price that just hasn’t moved for quite a long time, and many investors are hoping the new CEO, Marissa Mayer, can turn things around for the firm. Sasha Cekerevac, contributor to Profit Confidential, says that while her success at Google is laudable, long-term problems at Yahoo! still exist.

Can New Yahoo! CEO Move the Stock? Technology Report by Leading Financial Newsletter Profit Confidential

Can New Yahoo! CEO Move the Stock? Technology Report by Leading Financial Newsletter Profit Confidential

I do welcome the new CEO, as she has proven to have been quite successful in her experience at Google. Running an entirely new organization will prove to be a challenge, as will trying to change the perception of internet users.

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Yahoo! Inc. has been plagued with a stock price that just hasn’t moved for quite a long time, and many investors are hoping the new CEO, Marissa Mayer, can turn things around for the firm. Sasha Cekerevac, contributor to Profit Confidential, says that while her success at Google is laudable, long-term problems at Yahoo! still exist.

“It will be quite interesting to see if her skills are transferable to more problematic technology stocks such as Yahoo!,” says Cekerevac.

In the article “New CEO at Yahoo!: Will This Move the Stock?,” Cekerevac notes that Mayer comes from Google Inc. with an engineering background.

“I do welcome the new CEO, as she has proven to have been quite successful in her experience at Google,” concedes Cekerevac. However, he says, “Running an entirely new organization will prove to be a challenge, as will trying to change the perception of internet users.”

Cekerevac notes that this change of perception is needed to ultimately drive corporate profits. With heavy competition from technology stocks, such as Google, Cekerevac wants to wait for concrete information about how the new CEO will chart the new course for Yahoo!.

“Yahoo!’s North American division is essentially trading for nothing,” says Cekerevac. “Most of the value of Yahoo! USA is built on cash and its stake in Alibaba and Yahoo! Japan.”

Cekerevac notes that technology stocks need to be on the cutting edge, the front line of new ideas.

“I can’t remember the last time I talked to someone who was excited about anything Yahoo!’s U.S. division has done,” claims Cekerevac. “This needs to change, people need to be excited again.”

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.

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