Why Yandex Is a Buy Now

According to a new comScore report, Russia grew its base of Internet users by 15% last year and now accounts for 15% of Europe's roughly 400 million active online audience. That's excellent news for Yandex (NASDAQ: YNDX  ) , the region's largest search engine.

In the following video, Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova says the size of the opportunity demands a richer valuation than this stock currently possesses. Please watch, and then let us know in the comments box below whether you agree or disagree.

Regardless of your short-term view on Europe in the wake of the Cyprus blow-up, it can pay to look abroad, where right now there may be opportunity in Yandex peer Baidu (aka the "Chinese Google"). Our brand-new premium report breaks down the dominant Chinese search provider's strengths and weaknesses. Just click here to access it now.


Read/Post Comments (4) | Recommend This Article (3)

Comments from our Foolish Readers

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  • Report this Comment On March 26, 2013, at 11:32 PM, EvanBuck wrote:

    I agree. Yandex is a good opportunity play on the expanding Russian internet market. Although the short-term prognosis with Cyprus and restricted freedom in Russia might not look that good, Yandex is essentially the "Russian Google" and has a very solid business model.

  • Report this Comment On March 27, 2013, at 10:46 AM, mjtri wrote:

    Makes sense. It would be interesting to know if Yandex has any cash in a Cyprus bank. I wouldn't think that they would, at least not more than 100K Euros.

  • Report this Comment On March 28, 2013, at 6:59 AM, Stacychuck wrote:

    One thing mentioned: unless the analysts are wrong. How often does this happen? It's a crap-shoot. Don't invest what you can't lose.

  • Report this Comment On July 16, 2013, at 4:55 PM, TMFPennyWise wrote:

    I like Yandex and think it has a long runway for growth.

    When I was researching Yandex I came across Qiwi another Russian growth company specializing in e-payments and I think this is another Russian growth stock with a long runway. I haven't found out if it has connections with Cyprus.

    http://finance.yahoo.com/q?s=QIWI

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