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SouFun Holdings Ltd. (SFUN): Today's Featured Internet Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

SouFun Holdings ( SFUN) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 0.1%. By the end of trading, SouFun Holdings fell $3.24 (-6.4%) to $47.35 on heavy volume. Throughout the day, 1,535,148 shares of SouFun Holdings exchanged hands as compared to its average daily volume of 659,000 shares. The stock ranged in price between $47.33-$50.70 after having opened the day at $50.70 as compared to the previous trading day's close of $50.59. Other companies within the Internet industry that declined today were: Net Element International ( NETE), down 8.6%, Deltathree ( DDDC), down 6.7%, Tremor Video ( TRMR), down 6.3% and ClickSoftware Technologies ( CKSW), down 5.7%.

SouFun Holdings Limited operates a real estate Internet portal, and a home furnishing and improvement Website in the People's Republic of China. SouFun Holdings has a market cap of $4.3 billion and is part of the technology sector. Shares are up 114.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate SouFun Holdings a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SouFun Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the positive front, LookSmart ( LOOK), up 30.8%, Remark Media ( MARK), up 12.4%, Youku Tudou ( YOKU), up 5.1% and China Finance Online ( JRJC), up 4.5% , were all gainers within the internet industry with Yahoo ( YHOO) being today's featured internet industry leader.

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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