J2 Global Inc (JCOM): Today's Featured Internet Winner

j2 Global ( JCOM) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day down 0.8%. By the end of trading, j2 Global rose 30 cents (1.3%) to $24.28 on average volume. Throughout the day, 365,653 shares of j2 Global exchanged hands as compared to its average daily volume of 452,400 shares. The stock ranged in a price between $23.95-$24.59 after having opened the day at $23.95 as compared to the previous trading day's close of $23.98. Other companies within the Internet industry that increased today were: Authentidate Holding Corporation ( ADAT), up 6.9%, Demand Media ( DMD), up 6.8%, Youku ( YOKU), up 5.9%, and Remark Media ( MARK), up 5.8%.

j2 Global, Inc. provides cloud services to businesses of various sizes through the Internet worldwide. It offers online fax, virtual phone systems, hosted email, email marketing, online backup, customer relationship management, and bundled suites of these services. J2 Global has a market cap of $1.11 billion and is part of the technology sector. The company has a P/E ratio of 10.1, equal to the average internet industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 14.7% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate j2 Global a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates j2 Global as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, MeetMe ( MEET), down 11.1%, Friendfinder Networks ( FFN), down 8.5%, Crexendo ( EXE), down 6.4%, and ModusLink Global Solutions ( MLNK), down 5.6%, were all losers within the internet industry with NetEase ( NTES) being today's internet industry loser.

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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