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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Equinix ( EQIX) 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, Equinix rose $2.35 (1.2%) to $202.50 on light volume. Throughout the day, 803,865 shares of Equinix exchanged hands as compared to its average daily volume of 1,158,800 shares. The stock ranged in a price between $197.46-$204.75 after having opened the day at $198.00 as compared to the previous trading day's close of $200.15. Other companies within the Internet industry that increased today were: Jiayuan.com International Ltd ADR ( DATE), up 22.6%, Yahoo ( YHOO), up 10.3%, China Finance Online ( JRJC), up 8.7% and Vipshop Holdings ( VIPS), up 8.2%.

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 $9.9 billion and is part of the technology sector. Shares are down 2.9% year to date as of the close of trading on Tuesday. Currently there are 14 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, expanding profit margins, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Deltathree ( DDDC), down 23.8%, Geeknet ( GKNT), down 6.0%, SouFun Holdings ( SFUN), down 3.4% and Rediff.com India ( REDF), down 3.1%.

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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