LinkedIn Corp (LNKD): Today's Featured Technology Winner

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.

LinkedIn ( LNKD) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole was unchanged today. By the end of trading, LinkedIn rose $2.91 (2.5%) to $121.68 on light volume. Throughout the day, 1.5 million shares of LinkedIn exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $118.78-$122.95 after having opened the day at $119.74 as compared to the previous trading day's close of $118.77. Other companies within the Technology sector that increased today were: Vringo ( VRNG), up 39.2%, XRS ( XRSC), up 23.6%, Winland Electronics ( WEX), up 22.2%, and Phazar Corporation ( ANTP), up 20%.
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LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $9.41 billion and is part of the internet industry. The company has a P/E ratio of 1072.2, above the S&P 500 P/E ratio of 17.7. Shares are up 87.2% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and premium valuation.

On the negative front, Leap Wireless International ( LEAP), down 17.9%, Dynasil Corporation of America ( DYSL), down 17.3%, Xyratex ( XRTX), down 16.7%, and Superconductor Technologies ( SCON), down 16.3%, were all laggards within the technology sector with NVIDIA Corporation ( NVDA) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

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