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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.

Bitauto Holdings



) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Bitauto Holdings fell $2.25 (-6.5%) to $32.31 on heavy volume. Throughout the day, 1,739,444 shares of Bitauto Holdings exchanged hands as compared to its average daily volume of 966,900 shares. The stock ranged in price between $30.57-$33.80 after having opened the day at $33.72 as compared to the previous trading day's close of $34.56. Other companies within the Internet industry that declined today were:

Remark Media



), down 3.7%,

Montage Technology Group



), down 3.7%,




TheStreet Recommends

), down 2.8% and

CGI Group



), down 2.2%.

Bitauto Holdings Limited provides Internet content and marketing services for the automotive industry primarily in the People's Republic of China. Bitauto Holdings has a market cap of $1.4 billion and is part of the technology sector. The company has a P/E ratio of 64.3, above the S&P 500 P/E ratio of 17.7. Shares are up 366.7% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Bitauto Holdings a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Bitauto Holdings

as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front,




), up 25.1%, Inc ADR repr Class A



), up 14.3%,




), up 6.4% and

Qihoo 360 Technology



), up 5.6% , were all gainers within the internet industry with

Facebook Inc Class A



) 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



) while those bearish on the internet industry could consider

ProShares Ultra Short Technology




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