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

LinkedIn ( LNKD) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 1.0%. By the end of trading, LinkedIn rose $2.12 (1.1%) to $190.30 on light volume. Throughout the day, 1,565,314 shares of LinkedIn exchanged hands as compared to its average daily volume of 2,235,100 shares. The stock ranged in a price between $187.65-$191.87 after having opened the day at $188.92 as compared to the previous trading day's close of $188.18. Other companies within the Internet industry that increased today were: MeetMe ( MEET), up 22.1%, Friendfinder Networks ( FFN), up 8.9%, Phoenix New Media ( FENG), up 6.1% and Web.com Group ( WWWW), up 5.8%.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $16.7 billion and is part of the technology sector. Shares are up 58.8% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. Among the areas we feel are negative, one of the most important has been premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, ChinaNet Online Holdings ( CNET), down 7.9%, Tremor Video ( TRMR), down 5.1%, Remark Media ( MARK), down 2.5% and China Finance Online ( JRJC), down 2.2% , were all laggards within the internet industry with Mercadolibre ( MELI) 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).

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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