The

internet

industry closed the day up 1.2%.

Renren Inc ADR

(

RENN

),

Youku.com Inc

(

YOKU

),

Quepasa Corporation

(

QPSA

), and

Demand Media Inc

(

DMD

) were all winners today within the internet industry with

Baidu Inc

(

BIDU

) being today's featured internet winner. Baidu Inc rose $6.23 (4.5%) to $144.62 on average volume. Throughout the day, 13.9 million shares of Baidu Inc exchanged hands as compared to its average daily volume of 10.2 million shares.

Baidu, Inc. provides Internet search services. The company offers a Chinese language search platform on its Website, Baidu.com; and a Japanese language search platform on its Website, Baidu.jp. Baidu Inc has a market cap of $45.6 billion and is part of the

technology

sector. The company has a P/E ratio of 85.5, above the average internet industry P/E ratio of 41.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 43.4% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Baidu as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front,

Atrinsic Inc

(

ATRN

),

HomeAway Inc

(

AWAY

),

Internap Network Services Corporation

(

INAP

), and

Global Sources

(

GSOL

) were all losers within the internet industry with

Digital River Inc

(

DRIV

) being today's internet industry Loser Spotlight stock.

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

).

null