Yahoo! Inc (YHOO): 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 0.2%. By the end of trading, Yahoo rose $1.15 (4.5%) to $26.68 on average volume. Throughout the day, 16,249,597 shares of Yahoo exchanged hands as compared to its average daily volume of 16,713,700 shares. The stock ranged in a price between $25.74-$26.70 after having opened the day at $25.74 as compared to the previous trading day's close of $25.52. Other companies within the Internet industry that increased today were:
(
), up 22.2%,
(
), up 6.8%,
(
), up 6.7% and
(
), up 5.9%.
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 $27.8 billion and is part of the technology sector. Shares are up 29.0% 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 14 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 negative front,
(
), down 19.4%,
(
), down 8.9%,
(
), down 7.2% and
(
), down 4.4% , 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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