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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 lower today making it today's featured Internet laggard. The industry as a whole closed the day down 2.2%. By the end of trading, fell $7.25 (-2.4%) to $296.58 on heavy volume. Throughout the day, 14,427,445 shares of exchanged hands as compared to its average daily volume of 4,703,400 shares. The stock ranged in price between $288.00-$304.39 after having opened the day at $304.00 as compared to the previous trading day's close of $303.83. Other companies within the Internet industry that declined today were:

Net Element



), down 16.0%,

Taomee Holdings



), down 8.9%,

Weibo Corp ADR



), down 8.8% and




), down 7.7%., Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. has a market cap of $155.1 billion and is part of the services sector. The company has a P/E ratio of 642.0, above the S&P 500 P/E ratio of 17.7. Shares are down 23.8% year to date as of the close of trading on Friday. Currently there are 24 analysts that rate a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins.

On the positive front,




), up 4.4%,




), up 3.0%,




), up 2.8% and



), up 2.1%.

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




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