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Hot Tech Stocks to Consider: YHOO, BIDU, CSCO

Tuesday, March 22nd, 2011 | Filed under Internet | Posted by

Yahoo Inc. (NASDAQ: YHOO) announced that it is planning to shut down its alternative search engine AllTheWeb. The company had bought the search engine in 2003. AllTheWeb will be shut down on April 4, 2011. Yahoo recently sold its bookmarking service Delicious. The company stock is currently trading at $16.35, up 0.37 percent from its previous close. Yahoo stock opened at $16.29 and touched the high of $16.44. The stock’s lowest price in today’s session is $16.28. The company stock’s EPS is $0.90. The company stock has traded in the range of $12.94 and $19.12 during the past 52 weeks. The company’s market cap is $21.41 billion and its P/E ratio is 18.19.

Baidu Inc. (NASDAQ: BIDU) is an internet search provider. The company provides its services in Chinese and Japanese language. It also provides online advertising services. Baidu also offers various other online services such as chat, messaging and content. The company was formed in 2000 and is based out of the People’s Republic of China. The company stock is currently trading at $124.37, up 0.25 percent from its previous close.

Baidu stock opened at $124.44 and touched the high of $126.90. The stock’s lowest price in today’s session is $123.68. The company stock’s EPS is $1.54. The company stock has traded in the range of $123.68 and $126.90 during the past 52 weeks. The company’s market cap is $43.30 billion and its P/E ratio is 80.82.

Cisco Systems Inc. (NASDAQ: CSCO) is a technology company. Equity research firm Ticonderoga Securities stated that the company is likely to benefit from the proposed AT&T and T-Mobile merger. The research firm maintained its ‘Buy’ rating for the stock. The company stock is currently trading at $17.36, down 0.16 percent from its previous close. Cisco stock opened at $17.42 and touched the high of $17.44. The stock’s lowest price in today’s session is $17.33. The company stock’s EPS is $1.32. The company stock has traded in the range of $16.97 and $27.74 during the past 52 weeks. The company’s market cap is $95.97 billion and its P/E ratio is 13.15.


Posted by on Tuesday, March 22nd, 2011. Filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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