Groupon Inc (GRPN): Today's Featured Internet 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.

Groupon ( GRPN) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 0.9%. By the end of trading, Groupon rose 15 cents (2.9%) to $5.27 on light volume. Throughout the day, 13.8 million shares of Groupon exchanged hands as compared to its average daily volume of 18.9 million shares. The stock ranged in a price between $5.14-$5.33 after having opened the day at $5.15 as compared to the previous trading day's close of $5.12. Other companies within the Internet industry that increased today were: Selectica ( SLTC), up 10.1%, Zynga Inc Class A ( ZNGA), up 9.1%, Yelp Inc Class A ( YELP), up 6.8%, and Friendfinder Networks ( FFN), up 6%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, 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.

Groupon, Inc. operates as a local commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally. Groupon has a market cap of $3.24 billion and is part of the technology sector. Shares are up 2.1% year to date as of the close of trading on Thursday. Currently there is one analyst that rates Groupon a buy, three analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates Groupon as a sell. The area that we feel has been the company's primary weakness has been its poor profit margins.

On the negative front, ModusLink Global Solutions ( MLNK), down 7.3%, support.com ( SPRT), down 5.5%, Vipshop Holdings Ltd ADR ( VIPS), down 4.4%, and Remark Media ( MARK), down 3.8%, were all laggards within the internet industry with Akamai Technologies ( AKAM) being today's internet industry laggard.

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).

HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

How to Live Just Like Billionaire Warren Buffett

How to Make Your Life Successful Just Like Billionaire Warren Buffett

GrubHub Is Remarkable, So It's Crazy How Many Have People Have Bet Against It

And You Thought You Knew Everything About Warren Buffett

Nobody Puts Facebook in a Corner; Markets End Mixed -- ICYMI Monday