Why Yandex Has Multibagger Potential
In the Olympics of Internet search, Yandex, Russia's largest Internet search company, is the oft-forgotten bronze medal winner. Down nearly 50% from its 2011 IPO, it seems as if investors have forgotten about the company all-together. But Yandex's share of Internet search is still far larger than Google's in Russia, and the company is growing revenue at close to a 50% annual clip. At only a fraction of the market value of Google and Baidu and trading far below its expected growth rate, Yandex is poised to deliver huge returns for the patient investor. Get Matt's full take on the company and the opportunity by watching the video below.
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The article Why Yandex Has Multibagger Potential originally appeared on Fool.com.Matthew Argersinger has no positions in the stocks mentioned above. Paul Chi has no positions in the stocks mentioned above. The Motley Fool owns shares of Baidu and Google. Motley Fool newsletter services recommend Baidu and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.