Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 1.3%. By the end of trading, LinkedIn fell $2.81 (-2.3%) to $119.89 on light volume. Throughout the day, 1.6 million shares of LinkedIn exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in price between $119.18-$124.68 after having opened the day at $123.88 as compared to the previous trading day's close of $122.70. Other companies within the Internet industry that declined today were:
), down 12.8%,
), down 7.2%,
), down 5.4%, and
), down 5.4%.
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LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $9.8 billion and is part of the
sector. The company has a P/E ratio of 1116.7, above the S&P 500 P/E ratio of 17.7. Shares are up 95% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates LinkedIn as a
. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and premium valuation.
- You can view the full LinkedIn Ratings Report.
On the positive front,
), up 10.3%,
), up 7.4%,
), up 3.8%, and
), up 3.6%, were all gainers within the internet industry with
) being today's featured internet industry leader.
- 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
) while those bearish on the internet industry could consider
- Find other investment ideas from our top rated ETFs lists.
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