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.

Google

(

GOOG

) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 2.9%. By the end of trading, Google fell $16.24 (-1.9%) to $850.15 on average volume. Throughout the day, 1,720,429 shares of Google exchanged hands as compared to its average daily volume of 2,130,500 shares. The stock ranged in price between $847.90-$863.73 after having opened the day at $859.62 as compared to the previous trading day's close of $866.39. Other companies within the Internet industry that declined today were:

Deltathree

(

DDDC

), down 14.1%,

LookSmart

(

LOOK

), down 8.1%,

Jiayuan.com International

(

DATE

), down 7.1% and

VirnetX

(

VHC

), down 6.4%.

Google Inc., a technology company, builds products and provides services to organize the information and make it universally accessible and useful. Google has a market cap of $238.4 billion and is part of the technology sector. Shares are up 23.0% year to date as of the close of trading on Monday. Currently there are 26 analysts that rate Google a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Google

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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.

null