The

internet

industry closed the day down 1.2%.

Youku.com Inc

(

YOKU

),

SINA Corporation

(

SINA

),

SouFun Holdings

(

SFUN

), and

Baidu Inc

(

BIDU

) were all decliners today within the internet industry with

Yahoo Inc

(

YHOO

) being today's featured internet loser. Yahoo Inc fell 77 cents (-5.4%) to $13.42 on average volume. Throughout the day, 45.4 million shares of Yahoo Inc exchanged hands as compared to its average daily volume of 33.7 million shares.

Yahoo! Inc., together with its consolidated subsidiaries, operates as a digital media company that delivers personalized digital content and experiences, across devices and worldwide. Yahoo Inc has a market cap of $18.4 billion and is part of the

technology

sector. The company has a P/E ratio of 16.5, equal to the average internet industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 12.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Yahoo as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself.

On the positive front,

TheStreet Recommends

Innodata Isogen Corporation

(

INOD

),

ModusLink Global Solutions Inc

(

MLNK

),

Local.com Corporation

(

LOCM

), and

ICG Group Inc

(

ICGE

) were all gainers within the internet industry with

AOL Inc

(

AOL

) being today's featured internet industry winner.

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

).

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