2. As of noon trading, Yahoo ( YHOO) is down $0.45 (-1.9%) to $23.25 on heavy volume Thus far, 16.1 million shares of Yahoo exchanged hands as compared to its average daily volume of 19.3 million shares. The stock has ranged in price between $22.70-$23.70 after having opened the day at $23.66 as compared to the previous trading day's close of $23.70.

Yahoo! Inc., a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. Yahoo has a market cap of $26.2 billion and is part of the internet industry. The company has a P/E ratio of 7.0, below the S&P 500 P/E ratio of 17.7. Shares are up 19.5% year to date as of the close of trading on Wednesday.

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. Get the full Yahoo Ratings Report now.

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