Here are some of today's headlines
Don't Dump Because of January
Is There a Big Correction Looming
Zynga Soars
Best Buy Cuts Workers
GE Buys Thermo Fisher Unit
JP Morgan Says Buy Vale
Friday, January 31, 2014
A Closer Look At Yandex (YNDX)
Yandex (YNDX) is often identified as the Russian Google. It is the primary search engine of Russia, however recently it has begun to expand its services. Currently Yandex is the preferred search engine of just over 60% of Russia and is the 4th largest search engine in the world. Yandex is not just limited to Russia as it is often used mostly by Easter European countries and some parts of Asia. Yandex's expansions include Yandex Wallet, a pay system similar to Google and its recent online deal with Facebook. Yandex also specializes on online shopping comparison and goods delivery.
To begin how can one not invest in a company that is compared to Google. Yandex is growing and has managed to maintain its customer base even with other Internet giants attempting to gain a foothold in their market. In 2009 Yandex took a step forward in response and opened Yandex Labs in Nevada to focus on the American Consumer. They have also begun to branch out and expand partnerships, most recently with Facebook. An even bigger accomplishment is that Fortune has described Yandex's search technology further advanced than Google's. If anything points to Yandex's success it is that they have turned down offers from a buyout by Google, Yahoo and Microsoft. They have beat analyst estimates for the past four earning reports and will garner more attention during the Olympics. The earnings report for YNDX will be released February 20th and I expect even larger growth in revenue. Below is Yandex's chart for the past year.
To begin how can one not invest in a company that is compared to Google. Yandex is growing and has managed to maintain its customer base even with other Internet giants attempting to gain a foothold in their market. In 2009 Yandex took a step forward in response and opened Yandex Labs in Nevada to focus on the American Consumer. They have also begun to branch out and expand partnerships, most recently with Facebook. An even bigger accomplishment is that Fortune has described Yandex's search technology further advanced than Google's. If anything points to Yandex's success it is that they have turned down offers from a buyout by Google, Yahoo and Microsoft. They have beat analyst estimates for the past four earning reports and will garner more attention during the Olympics. The earnings report for YNDX will be released February 20th and I expect even larger growth in revenue. Below is Yandex's chart for the past year.
Thursday, January 30, 2014
How To Use Invest Like Me
Are you new to Invest Like Me? Use these steps below to get started.
1. Bookmark this site.
2. Follow me on twitter at @BlogILM for daily updates on buys/sells.
3. Click on the Current Portfolio tab above and review my current and future stock purchases.
4. Through an investment firm or your bank purchase one of my suggested stocks if the price is currently lower than my buy price.
5. After you purchase the stock, set your Limit sell price.
6. While you wait for the stock to sell, check here daily for highlighted market news.
1. Bookmark this site.
2. Follow me on twitter at @BlogILM for daily updates on buys/sells.
3. Click on the Current Portfolio tab above and review my current and future stock purchases.
4. Through an investment firm or your bank purchase one of my suggested stocks if the price is currently lower than my buy price.
5. After you purchase the stock, set your Limit sell price.
6. While you wait for the stock to sell, check here daily for highlighted market news.
Wednesday, January 29, 2014
Tuesday, January 28, 2014
Welcome to Invest Like Me
Welcome! Invest Like Me is a blog for the amateur investor who is looking for guidance, recommendations, and a no excuse real time portfolio. The current portfolio is what I currently am investing in. Unlike other stock investing sites, TV shows, and money experts I am fully invested in the stocks that I discuss. I will provide updates with my Buy/Sell stocks and show you how I decide how to invest. Feel free to look at my 2013 portfolio for my success in the past and join me for the new year of investing.
***I am not licensed and I can not guarantee you a profit***
***I am not licensed and I can not guarantee you a profit***
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