Is Yahoo! Worth a Look?

Some traders would argue with me on this point. They may proffer the idea that the shares have strengthened since bottoming out at the end of August. They would say that the stock is ready to take a journey from the lower part of its range to the higher part.

Sure, I can see that possibility. Plus, those who believe that the markets may be heading up might also believe that a tech stock like Yahoo! will rally strongly along with everything else.

Nevertheless, Yahoo! simply isn't for me. That's because I'd rather have a bluer chip in my portfolio to fend off market volatility. I currently own one of the web portal's colleagues, Microsoft (MSFT). I get a dividend out of the deal, as well as a business that I believe has a better valuation.

So, I won't be buying any Yahoo! shares at the moment. My gut says they may experience a pop at some point, but I just feel safer with Microsoft's fundamentals. Yahoo! is an interesting company, but I'm just not persuaded by its technical thesis. I guess I'm not ready to believe in this work in progress just yet.

Disclosure: I own Microsoft; positions can change without notice .