TripAdvisor Inc (TRIP): Today's Featured Technology 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 Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.9%. By the end of trading, TripAdvisor rose $9.96 (16.3%) to $71.10 on heavy volume. Throughout the day, 5,456,335 shares of TripAdvisor exchanged hands as compared to its average daily volume of 1,984,900 shares. The stock ranged in a price between $68.71-$72.26 after having opened the day at $69.88 as compared to the previous trading day's close of $61.14. Other companies within the Technology sector that increased today were:
(
), up 29.6%,
(
), up 25.0%,
(
), up 22.3% and
(
), up 17.5%.
TripAdvisor, Inc., an online travel company, provides trip advisory services. TripAdvisor has a market cap of $7.9 billion and is part of the internet industry. Shares are up 44.7% year to date as of the close of trading on Wednesday. Currently there are 7 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 15.3%,
(
), down 11.8%,
Kingtone Wirelessinfo Solution
(
), down 11.8% and
(
), down 11.0% , were all laggards within the technology sector with
(
) being today's technology sector laggard.
- Use our technology section to find sector-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 technology sector could consider
(
) while those bearish on the technology sector could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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