TripAdvisor Inc (TRIP): Today's Featured Internet Winner
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.
(
) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 0.7%. By the end of trading, TripAdvisor rose $1.18 (1.9%) to $62.27 on light volume. Throughout the day, 1,262,965 shares of TripAdvisor exchanged hands as compared to its average daily volume of 2,009,800 shares. The stock ranged in a price between $61.50-$62.97 after having opened the day at $61.61 as compared to the previous trading day's close of $61.09. Other companies within the Internet industry that increased today were:
(
), up 12.5%,
(
), up 8.2%,
(
), up 7.3% and
(
), up 6.2%.
TripAdvisor, Inc., an online travel company, provides trip advisory services. TripAdvisor has a market cap of $7.9 billion and is part of the technology sector. Shares are up 44.6% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate TripAdvisor a buy, 2 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates TripAdvisor as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.
- You can view the full TripAdvisor Ratings Report.
On the negative front,
(
), down 8.1%,
(
), down 4.1%,
(
), down 3.0% and
(
), down 2.5% , 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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