Yahoo Inc. (Buy)

Submitted By Yuetian-Yang
Words: 328
Pages: 2
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Yahoo Inc. (Buy) At time of purchase, Alibaba of China is preparing for its IPO, believed to be the largest IPO in history. As a large shareholder in Alibaba, we felt that the price of Yahoo will increase in anticipation of Alibaba’s IPO. We did not sell Yahoo because we expect its stock price to go up when Alibaba goes public sometime in the future.

Comcast (Buy) Comcast was closing in on a merger with Time Warner Cable. The merger would give Comcast even more market power, enabling it to charge more fees in its services, etc. and to give it further leverage over Netflix. Buying into Comcast turned out to be a bit premature since the merger is being delayed by many legal issues. We sold at a small profit when we see the legal troubles for Comcast kicking in.

Best Buy (Buy) Best Buy released their above-expectation-earnings on the day of our purchase. We expected the stock to appreciate on that day. The stock did appreciate for 2-3 hours after our purchase. However, we forgot that day trading was not allowed and therefore we couldn’t sell Best Buy for a quick profit. In the next day Best Buy opened at a lower price. We decide to settle for selling at a loss because we felt Best Buy’s industry of consumer electronics was not an attractive industry in the long-term, especially with price competitions from Amazon and Walmart, as well as the dying industry of physical music and video retailing.

Costco (Buy) Costco was looking to obtain special zoning permit to
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