InvestorsHub Logo
Followers 19
Posts 614
Boards Moderated 1
Alias Born 04/06/2004

Re: GNice007 post# 320

Friday, 09/05/2014 8:04:21 PM

Friday, September 05, 2014 8:04:21 PM

Post# of 352
Yandex is a really fantastic company, a market leader. Unfortunately in the short term, because of political drama we have depressed valuations. Fortunately, it is a great opportunity to pick up a great company at amazing valuations. Really is a story of the baby being thrown out with the bath water.

This is just like 2007, but for Russian equities.

Personally I am long RSX, as well as individual holding in Yandex and Vimpelcom. One of each, growth and value plays. I may even pick up Mechel if I divest some of my European holdings.

Think of it this way, Yandex should do well anyway, even if there are sanctions or heaven forbid the crisis in Ukraine gets worse.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent YNDX News