Today's Pre-Market Trading Very Positive For Yahoo (YHOO)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Yahoo ( YHOO) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Yahoo as such a stock due to the following factors:

  • YHOO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $1.5 billion.
  • YHOO traded 714,131 shares today in the pre-market hours as of 8:00 AM.
  • YHOO is up 2.6% today from yesterday's close.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in YHOO with the Ticky from Trade-Ideas. See the FREE profile for YHOO NOW at Trade-Ideas

More details on YHOO:

Yahoo! Inc. operates as a technology company worldwide. YHOO has a PE ratio of 35.5. Currently there are 14 analysts that rate Yahoo a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Yahoo has been 21.0 million shares per day over the past 30 days. Yahoo has a market cap of $40.9 billion and is part of the technology sector and internet industry. The stock has a beta of 1.04 and a short float of 2.8% with 0.83 days to cover. Shares are up 2% year-to-date as of the close of trading on Thursday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

Equifax Breach Reveals Frightening Truth: Companies Can Delay Disclosing Hacks

How Alibaba's 'Genie' Smart Speaker Can Overcome the Amazon Echo's 3-Year Head Start and Still Win

Facebook, Apple, Netflix and Google Have Caught the Flu -- Here's How Not to Get Killed By It

How to Play the Coming 'FANG Flu'

Travis Kalanick and the Terrible, Horrible, No Good, Very Bad Week