I’ve written a decent amount about Yahoo (YHOO) in the past few years and even more frequently in the past year. It’s not a coincidence that it started when Marissa Mayer accepted to become the latest Yahoo CEO. It was a very welcome event after an incredibly frustrating sequence of events for the purple company.
There’s no doubt about it, I’ve loved the energy and passion that she brought to Yahoo and from nearly every perspective, it’s looking like a home run. I mean, just take a look at Yahoo’s stock in the past 12 months or so… this includes yesterday’s 10% gain following the latest earnings release.
We’re not talking about some kind of high growth startup here. This is a company that was well on its way to becoming irrelevant.
— Guru Focus