NEW YORK (TheStreet) -- No one doubts Marissa Mayer is good at her job. Prior to her being installed as Yahoo!'s (YHOO - Get Report) CEO, that position was a turnstile of failed promises. But now she is under increasing pressure to come up with a strategy for the company as Alibaba readies its initial public offering.
Mayer's arrival at Yahoo! spurred an immediate recovery. Yahoo! is no longer a laughingstock. As for the stock itself, currently trading around $35.50, you'll be hard pressed to find a stronger turnaround story, even with the shares down 12% for the year to date.
Still, the company is light years ahead of where it was just 12 months ago, up 33%. Since Mayer's arrival, shares have soared 155%.
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