Equinix Inc. (EQIX): Today's Featured Internet Winner

Equinix ( EQIX) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 0.3%. By the end of trading, Equinix rose $4.30 (2.4%) to $182.85 on average volume. Throughout the day, 1,018,573 shares of Equinix exchanged hands as compared to its average daily volume of 1,097,000 shares. The stock ranged in a price between $179.32-$184.19 after having opened the day at $179.59 as compared to the previous trading day's close of $178.55. Other companies within the Internet industry that increased today were: Yelp ( YELP), up 12.1%, VirnetX ( VHC), up 4.3%, SINA Corporation ( SINA), up 3.9% and Web.com Group ( WWWW), up 3.8%.

Equinix, Inc. provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Equinix has a market cap of $8.7 billion and is part of the technology sector. The company has a P/E ratio of 66.0, above the S&P 500 P/E ratio of 17.7. Shares are down 14.6% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Equinix a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Equinix as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, MeetMe ( MEET), down 15.9%, Friendfinder Networks ( FFN), down 15.4%, Net Element International ( NETE), down 7.4% and Internet Initiative Japan ( IIJI), down 5.7%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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