From Cabot Wealth Advisory 10/22/13 Sign up for Cabot Wealth Advisory—it's free.
But the one candidate I have today is a Russian company. Few people in the U.S. have a positive opinion of Russia, yet I can see the country’s status rising on the world stage, as its actions enabled Obama to find a non-violent solution to the Syrian chemical weapons problem, and as the country’s sheltering of Edward Snowden strikes a blow against intrusive NSA practices while defending the rights of the individual. It’s a script even Hollywood might have rejected a year ago, but it’s reality, and if this is the beginning of a long trend toward improved perception, it might provide fuel for a huge advance of today’s featured stock, which is Yandex (YNDX).
Here’s what Chief Analyst Mike Cintolo wrote about Yandex just last week in Cabot Top Ten Trader.
“Sometimes a stock’s popularity can be explained by its company’s unique product or service or some technological innovation. But with Yandex, the product is quite familiar and the secret is location, location, location. Yandex provides online search services to Internet users in Russia (97% of users), Ukraine, Kazakhstan, Belarus and Turkey. As Russia, which has just 53.3% Internet penetration, is undergoing a steady build-out of service, the Russian economy is also thriving, increasing demand for advertising opportunities. Yandex, with a 62.2% share of Internet searches (up from 60.5% a year ago), has a dominant position in Russian search, well ahead of Google’s 26% share. Yandex gets roughly 90% of its revenue from text-based advertising, and revenue growth from 2010 to 2012 has been 45%, 62% and 41%, respectively.
“The Google of Russia” is enjoying its position in a fast-developing market, and its auxiliary services like the Yandex.money payment system make it a nice package.”
According to the stock's chart, the stock clearly has positive momentum.
So, you could just buy YNDX here. But there’s one near-term risk to that; the company will release Q3 results on October 24. And there’s one longer-term risk as well; even if you happen to buy right, you’ll still be lacking expert sell advice. For that you’ll want to get on Mike’s regular list, and the first step to that is clicking here.
Laan Copes van Cattenburch 52
The Hague, 2585 GB
31 70 345 4700
|Index Membership: AMEX Internet
Industry: Internet Information Providers
Full Time Employees: 4,298