I’m no stock market expert, but Adam Hewison from MarketClub has produced a 9-minute video that even I can follow. It uses stock chart theory to predict the fortunes of Google and Yahoo stocks this year – concluding that Yahoo will probably have the most percentage gain:
The chart above is the Yahoo one, which has fallen over the last year. But MarketClub maintains that Yahoo potentially will gain 24% when it moves over 30.00 (it’s currently 28.35), whereas they think Google will probably gain only 11% when it breaks over 513.00 (currently it is 481.75).
Still, if you look at it from a technology perspective – you could say that buying Google at 500-odd will turn out to be a huge bargain in the long term, if they manage to take over the Internet as some people are predicting. And from a tech pov, there’s a reason Yahoo is struggling at 28 – their online advertising technology is behind the times and their new Panama initiative is far from certain to be a success, in competition with Google’s dominant AdWords.
But I tend to agree that Yahoo has plenty of fight left in it yet, from both a tech and stock standpoint. What do you think?
Originally published on ReadWriteWeb (archived copy)