Yahoo! Inc (YHOO): Today's Featured Internet Laggard

Yahoo was a leading decliner within the internet industry, falling $0.46 (-1.7%) to $26.88 on heavy volume
By TheStreet Wire ,

Yahoo

(

YHOO

) 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:

Deltathree

(

DDDC

), down 30.0%,

YY

(

YY

), down 7.3%,

Bankrate

(

RATE

), down 6.1% and

Net Element International

(

NETE

), 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

buy

. 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.

On the positive front,

SouFun Holdings

(

SFUN

), up 19.3%,

Geeknet

(

GKNT

), up 13.7%,

Move

(

MOVE

), up 5.0% and

LookSmart

(

LOOK

), up 4.3% , were all gainers within the internet industry with

SINA Corporation

(

SINA

) 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

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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