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 higher today making it today's featured internet winner. The industry as a whole closed the day up 1.0%. By the end of trading, LinkedIn rose $3.70 (2.0%) to $192.09 on average volume. Throughout the day, 2,248,709 shares of LinkedIn exchanged hands as compared to its average daily volume of 2,388,700 shares. The stock ranged in a price between $189.16-$193.37 after having opened the day at $189.16 as compared to the previous trading day's close of $188.39. Other companies within the Internet industry that increased today were:
), up 33.3%,
), up 18.4%,
), up 3.4% and
), up 3.3%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $16.8 billion and is part of the technology sector. The company has a P/E ratio of 988.8, above the S&P 500 P/E ratio of 17.7. Shares are up 63.5% year to date as of the close of trading on Monday.
TheStreet Ratings rates LinkedIn as a
. Among the areas we feel are negative, one of the most important has been premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full LinkedIn Ratings Report.
On the negative front,
), down 5.2%,
), down 4.2%,
), down 3.6% and
), down 2.6% , were all laggards within the internet industry with
) being today's internet industry laggard.
- 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.
Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.