Investors shouldn’t look for a blow-out quarter from Yahoo, but there are positive signs that a turnaround is in progress in Sunnyvale.
The bar has been set low for Google over growing concerns about the internet giants exit from China and their inability to develop new revenue streams.
Several earnings reports that will come out this week could provide investors with early indications of the health of their sectors.
Amazon shares could see a nice jump when the ecommerce stock reports their first quarter 2010 results.
While valuation concerns are rising over the stock price, Netflix business appears to be humming along nicely.
There are signs of improvement in Sunnyvale these days.
Despite exiting the China market, Google appears to have tremendous growth opportunities over the next few years and we would expect its stock price to return to its pre-recession levels.
Netflix continues to offer one of the more compelling growth stories in the market today with revenue growth rates that are accelerating.
Amazon has established itself as the face of ecommerce and has delivered impressive growth despite the severe economic recession.
While Yahoo continues to be pinched by their declining search market share, their leading display business is already benefitting from stabilization in the economic environment.