LinkedIn Corp (LNKD): Today's Featured Internet Winner
(
) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 3.7%. By the end of trading, LinkedIn rose $3.39 (1.7%) to $199.96 on average volume. Throughout the day, 1,916,924 shares of LinkedIn exchanged hands as compared to its average daily volume of 2,197,700 shares. The stock ranged in a price between $195.01-$201.67 after having opened the day at $196.65 as compared to the previous trading day's close of $196.57. Other companies within the Internet industry that increased today were:
(
), up 277.8%,
(
), up 5.2%,
(
), up 3.9% and
Professional Diversity Network
(
), up 3.0%.
LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $17.3 billion and is part of the technology sector. Shares are up 64.1% 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 13 rate it a hold.
TheStreet Ratings rates LinkedIn as a
. Among the areas we feel are negative, one of the most important has been premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full LinkedIn Ratings Report.
On the negative front,
(
), down 6.7%,
(
), down 6.4%,
(
), down 4.1% and
(
), down 3.4% , were all laggards within the internet industry with
(
) being today's internet industry laggard.
- Use our internet section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
) while those bearish on the internet industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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