Tuesday, March 3, 2015

Yelp, Inc. (NYSE: YELP): This Out-Of-Favor Dot-Com Stock Has Nearly 50% Upside

Investors know that there are multiple ways to approach stock-picking. Momentum investors, for example, identify hot stocks that have the support of key technical patterns.
I tend to identify investment opportunities through a different tack: contrarian investing, which is used by Warren Buffett and many other gurus.
At the simplest level, such an approach targets out-of-favor stocks that may possess ample latent upside, or exceedingly popular stocks that appear ripe for a pullback. As an example, that approach recently led me to conclude that shares of Amazon.com, Inc. (Nasdaq: AMZN) were now fully valued or even overvalued. (more)

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