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LinkedIn Corp (LNKD): 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.

LinkedIn ( LNKD) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day up 1.5%. By the end of trading, LinkedIn fell $13.86 (-6.2%) to $209.59 on heavy volume. Throughout the day, 11,188,283 shares of LinkedIn exchanged hands as compared to its average daily volume of 1,986,500 shares. The stock ranged in price between $201.98-$211.78 after having opened the day at $210.05 as compared to the previous trading day's close of $223.45. Other companies within the Internet industry that declined today were: Internet Initiative Japan ( IIJI), down 12.8%, Montage Technology Group ( MONT), down 9.9%, VeriSign ( VRSN), down 4.9% and CafePress ( PRSS), down 4.2%.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $21.8 billion and is part of the technology sector. Shares are up 3.0% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and disappointing return on equity.

On the positive front, LiveDeal ( LIVE), up 19.8%, Wix.com ( WIX), up 10.0%, Twitter ( TWTR), up 8.6% and YY ( YY), up 8.6% , were all gainers within the internet industry with TripAdvisor ( TRIP) 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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