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Yandex N.V. (YNDX) is an Internet and technology company. The Company operates an Internet search engine in Russia and internationally.
The company offers a range of search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices; and localized homepages for specific geographic markets.
It provides Yandex.News, a news aggregation and information service; Yandex.Market, a price comparison service that provides product information, price comparisons, and consumer-generated reviews of products and online retailers; and other search services comprising search services for images, videos, music, theatres, televisions, weather, jobs, transportation, cars, and real estate.
The company also offers Yandex.Mail, an email service, which provides users access to their email accounts; Yandex.Maps and Yandex.Navigator maps and location-based services; downloadable applications for mobile and digital platforms and devices; Yandex.Browser, a cloud-based browser; and Yandex.Disk, a cloud-based storage service that facilitates users to upload, store, and share files. Further, the company offers services and tools comprising Yandex.Webmaster that enables Webmasters to tag information on their Websites; Yandex.Metrica, a Web statistics analysis tool; Yandex Site Search, a search tool for Webmasters and Website owners; Yandex.Mail for Domain Owners that allows users to create email accounts with their own domain names; Yandex APIs that enables developers to use companys technologies in their own businesses; and Yandex.Money, an online payment system.
Shares have formed a bullish "flag" following the company's better than expected quarterly results. Higher prices are expected for this stock.
52-Week Trading Range: $16.65 - $27.10
Entry Point: $27.00
Stop Loss: $25.65
Target Price: $29.70
YNDX was closd at $26.09 after it failed to reach our 10% gain in 30 days. We still believe in the stock. In fact, YNDX is the default search engine for iPhone under the new IOS 7.
