LinkedIn Corp (LNKD): 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.

LinkedIn ( LNKD) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 1.2%. By the end of trading, LinkedIn rose $3.08 (2%) to $160.44 on average volume. Throughout the day, 1.7 million shares of LinkedIn exchanged hands as compared to its average daily volume of two million shares. The stock ranged in a price between $158.01-$160.95 after having opened the day at $158.53 as compared to the previous trading day's close of $157.36. Other companies within the Internet industry that increased today were: Internap Network Services Corporation ( INAP), up 10.4%, SouFun Holdings ( SFUN), up 9%, Vipshop Holdings Ltd ADR ( VIPS), up 7.8%, and Zynga Inc Class A ( ZNGA), up 7.8%.
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LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $14.15 billion and is part of the technology sector. The company has a P/E ratio of 832.1, above the S&P 500 P/E ratio of 17.7. Shares are up 37.7% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. The area that we feel has been the company's primary weakness has been its disappointing return on equity.

On the negative front, Trulia ( TRLA), down 9.4%, Synacor ( SYNC), down 6.7%, Tucows ( TCX), down 3.4%, and Demand Media ( DMD), down 2.3%, 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).

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