This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Ariba Inc. (ARBA): Today's Featured Internet Loser

Ariba ( ARBA) pushed the Internet industry lower today making it today's featured Internet loser. The industry as a whole closed the day up 0.7%. By the end of trading, Ariba fell 24 cents (-0.5%) to $44.98 on heavy volume. Throughout the day, 5.5 million shares of Ariba exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $44.89-$45.15 after having opened the day at $45.10 as compared to the previous trading day's close of $45.22. Other company's within the Internet industry that declined today were: Deltathree ( DDDC), down 56%, Facebook Inc Class A ( FB), down 9.6%, Zynga ( ZNGA), down 7.9%, and Yelp ( YELP), down 6.2%.

Ariba, Inc., together with its subsidiaries, provides collaborative business commerce solutions for buying and selling goods and services in the United States and internationally. Ariba has a market cap of $4.43 billion and is part of the technology sector. Shares are up 61% year to date as of the close of trading on Friday. Currently there are five analysts that rate Ariba a buy, two analysts rate it a sell, and three rate it a hold.

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

On the positive front, Jiayuan.com International Ltd ADR ( DATE), up 18%, SouFun Holdings ( SFUN), up 15.6%, VirnetX ( VHC), up 10.9%, and Synacor ( SYNC), up 8%, were all gainers within the internet industry with NetEase ( NTES) being today's featured internet industry winner.

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).

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Top Rated Stocks Top Rated Funds Top Rated ETFs