A year into her tenure as Yahoo!'s (Nasdaq:YHOO) CEO, Marissa Mayer may have ruffled a few feathers, but Yahoo!'s feathers were badly in need of ruffling as it was well on the AOL (NYSE:AOL)/MySpace path to irrelevance and doom. While there's still quite a lot of work to be done in turning the business around, the better-than-70% rise in the shares over the past year has to be encouraging to shareholders. The biggest question now is whether or not Yahoo! can take the cash coming from the Alibaba IPO and reinvest it into sustainable cash-generating growth opportunities.
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http://www.investopedia.com/stock-analysis/071713/yahoo-still-needs-generate-better-intrinsic-value-yhoo-goog-fb-msft.aspx
Investopedia: Yahoo! Still Needs To Generate Better Intrinsic Value
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