Yahoo! Inc (YHOO): Today's Featured Internet Laggard
(
) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Yahoo fell $0.46 (-1.7%) to $26.88 on heavy volume. Throughout the day, 25,825,219 shares of Yahoo exchanged hands as compared to its average daily volume of 16,878,700 shares. The stock ranged in price between $26.72-$27.45 after having opened the day at $27.30 as compared to the previous trading day's close of $27.34. Other companies within the Internet industry that declined today were:
(
), down 30.0%,
(
), down 7.3%,
(
), down 6.1% and
(
), down 5.8%.
Yahoo! Inc., a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. Yahoo has a market cap of $29.5 billion and is part of the technology sector. Shares are up 36.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Yahoo a buy, 1 analyst rates it a sell, and 15 rate it a hold.
TheStreet Ratings rates
Yahoo
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Yahoo Ratings Report.
On the positive front,
(
), up 19.3%,
(
), up 13.7%,
(
), up 5.0% and
(
), up 4.3% , were all gainers within the internet industry with
(
) being today's featured internet industry leader.
- 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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