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Yahoo: A Fantasy Sports 'Sleeper' Stock Pick

Yahoo! Inc. NASDAQ:YHOO - Yahoo: A Fantasy Sports 'Sleeper' Stock Pick

With the NFL season kicking off this month and the MLB season winding down, September is a big month for fantasy sports. But while fantasy sports is all fun and games, Morgan Stanley analyst Brian Nowak believes Yahoo! Inc. YHOO 2.15%’s entry into the daily fantasy sports market could provide a big boost to Yahoo’s bottom line.

Fantasy World

According to the report, there are more than 40 million fantasy sports players. Traditional fantasy sports leagues last throughout the duration of a sports season. However, Yahoo has recently decided to enter into the world of daily fantasy sports...