If asked what we think the most undervalued stock in the market is right now, our answer just might be "Yahoo!" (NASDAQ:YHOO) (the exclamation point now being optional).

As a collection of its parts, Yahoo! certainly looks to be be an attractive deal for investors. The company has a 23% stake in Alibaba -- which is gearing up for a massive IPO this year -- and a 35% stake in a steadily growing Yahoo! Japan. When you factor in the value of both of these properties, investors are essentially getting Yahoo!'s own core business for free.

In the following video, consumer-goods analyst Sean O'Reilly and Rule Breakers analyst Simon Erickson break down each of Yahoo!'s investments, as well as discuss opportunities for them to grow their core business going forward.