Today's earnings report is a proof that the new management is effective in turning around the company. Adding to it is Alibaba IPO and Yahoo Japan, a 25% to 30% appreciation from current level is possible in next 6 to 12 months.
Agree. Yahoo had been moving up simply due to its solid balance sheet, the only uncertainty which had checked it is this earnings report. Now the street know that YAHOO is a growth company again(REVENUE up, earnings up excluding one time charge), this should give Yahoo a BIG PUSH.