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TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Geeknet Inc. (GKNT): Today's Featured Internet Winner

The internet industry closed the day down 3%. Liquidity Service Inc ( LQDT), Edgar Online Inc ( EDGR), Renren Inc ADR ( RENN), and HSW International Inc ( HSWI) were all winners today within the internet industry with Geeknet Inc ( GKNT) being today's featured internet winner. Geeknet Inc rose 85 cents (4.4%) to $20.03 on heavy volume. Throughout the day, 39,095 shares of Geeknet Inc exchanged hands as compared to its average daily volume of 23,900 shares.

Geeknet, Inc. operates as an online network for the global geek community comprising technology professionals, technology enthusiasts, and general consumers of technology-oriented goods, services, and media. The company operates through two segments, E-commerce and Media. Geeknet Inc has a market cap of $111.6 million and is part of the technology sector. Shares are down 29.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Geeknet as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, Yandex ( YNDX), Sohu.com Inc ( SOHU), Global Sources ( GSOL), and ModusLink Global Solutions Inc ( MLNK) were all losers within the internet industry with SINA Corporation ( SINA) being today's internet industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the internet industry could consider First Trust Dow Jones Internet Idx ( FDN) while those bearish on the internet industry could consider ProShares Ultra Short Technology ( REW).

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