Google Inc. (GOOG): 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.

Google ( GOOG) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day up 0.2%. By the end of trading, Google rose $14.10 (1.6%) to $910.70 on average volume. Throughout the day, 2,847,473 shares of Google exchanged hands as compared to its average daily volume of 2,246,100 shares. The stock ranged in a price between $897.00-$912.67 after having opened the day at $902.00 as compared to the previous trading day's close of $896.60. Other companies within the Internet industry that increased today were: Deltathree ( DDDC), up 15.0%, Friendfinder Networks ( FFN), up 12.6%, Zillow ( Z), up 7.2% and Net Element International ( NETE), up 6.0%.

Google Inc., a technology company, builds products and provides services to organize the information and make it universally accessible and useful. Google has a market cap of $246.9 billion and is part of the technology sector. Shares are up 26.7% year to date as of the close of trading on Friday. Currently there are 27 analysts that rate Google a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Google as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Geeknet ( GKNT), down 5.9%, Yahoo ( YHOO), down 4.3%, SouFun Holdings ( SFUN), down 3.8% and China Finance Online ( JRJC), down 3.7% , were all laggards within the internet industry with LinkedIn ( LNKD) 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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