Stifel's Jordan Rohan takes a contrarian stance on Yahoo (YHOO), arguing "progress is being made...

|By:, SA News Editor

Stifel's Jordan Rohan takes a contrarian stance on Yahoo (YHOO), arguing "progress is being made behind the scenes" following Scott Thompson's hiring, and praising the company's efforts to develop original content. Rohan adds talks with Alibaba (ALBCF.PK) are continuing, in spite of a recent breakdown. Next month's Q2 report is seen as a catalyst for shares.