Yahoo Stock Hits New 52-Week High (YHOO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Yahoo (Nasdaq: YHOO) hit a new 52-week high Friday as it is currently trading at $23.15, above its previous 52-week high of $23.09 with 8.1 million shares traded as of 1:22 p.m. ET. Average volume has been 19.7 million shares over the past 30 days.

Yahoo has a market cap of $24.33 billion and is part of the technology sector and internet industry.

Yahoo! Inc., a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide.

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TheStreet Ratings rates Yahoo as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Yahoo Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

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