Yandex's stock price fell by nearly 60% in 2014. In spite of its strong revenue growth, profitability and very cheap valuations, the strongly negative macro-economic environment outweigh fundamentals. Though attractive, Yandex could be a risky bet.
Yahoo reported EPS of $0.3 on a revenue of $1.18 billion against Wall Street estimate of $0.29 EPS on revenue of $1.19 billion. Yahoo is planing to spin-off its entire stake in Alibaba into a separate investment holding company. The shares of the new holding company will be allotted to shareholders on a pro-rata basis.
Apple is set to report its Q1 FY2015 earnings on January 27th after market close. Record iPhone sales driven by iPhone 6 models will drive Apple revenue and profits. Our Apple stock analysis assigns a buy rating to the stock, with strong topline and earnings growth expected over the next year.
In spite of the 28% rally in Baidu's stock price, valuations have improved in 2014. Baidu valuations indicate a strong upside potential in 2015, with price targets ranging from $311 to $354 a share. Baidu is an attractive long term investment option.
IBM stock price has been consistently hitting the 20 day moving average resistance line since November 14th 2014. The price has tested the moving average on many occasions, breaching it on a few occasion, but falling back below 20 day moving average line as it was unable to sustain the momentum.
Facebook ad partner Nanigans has released its latest global Facebook advertising benchmark report for Q4 2014. Nanigans reported a solid growth in all the major metrics of CPC, CPM and CTR, indicating a strong holiday quarter for Facebook.
InterActive Corp is scheduled to report its Q4 2014 earnings estimate before market hours on Feb 11. The analyst consensus is for the company to report earnings per share of 87 cents on revenue of $799 million. Growth in the Search and applications segment along with Tinder monetization could lead to another earnings surprise from IACI in Q4.