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 down 1.1%. By the end of trading, Qihoo 360 Technology rose 25 cents (1.2%) to $20.57 on light volume. Throughout the day, 1.7 million shares of Qihoo 360 Technology exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in a price between $20.03-$21.03 after having opened the day at $20.28 as compared to the previous trading day's close of $20.32. Other companies within the Internet industry that increased today were:
), up 9.3%,
), up 8.6%,
), up 6.5%, and
), up 5%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products in the People's Republic of China. Qihoo 360 Technology has a market cap of $2.43 billion and is part of the technology sector. The company has a P/E ratio of 59.8, below the average internet industry P/E ratio of 104.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 29.5% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Qihoo 360 Technology a buy, no analysts rate it a sell, and one rates it a hold.
TheStreet Ratings rates Qihoo 360 Technology as a
. 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 and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.
- You can view the full Qihoo 360 Technology Ratings Report.
On the negative front,
), down 39%,
), down 18.1%,
), down 13%, and
), down 11.3%, 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.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now