Yahoo!

Inherently there is no reason to own Yahoo!. They are the second best internet search website, which essentially means nothing, they don’t generate nearly enough money from ad revenues, there is nothing truly attractive about owning this stock.
Well there is one thing, Microsoft wants to buy them. Why? Because Microsoft’s shareholders have been convinced that Google is a threat to the company. Me? I personally don’t see a reason that a search engine company would steal market share from a software giant, and as far as I can tell there is little direct competition between the two companies.
However, Microsoft’s Shareholders have become convinced that Yahoo! needs to be purchased because Microsoft should, and will, rule all aspects of the computer.
I am giving Yahoo! a buy rating not on fundamentals (sorry Ben Graham) but merely on the fact that Microsoft will, 100%, be purchasing the company.