SINA Corporation (SINA): 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.

SINA Corporation ( SINA) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole was unchanged today. By the end of trading, SINA Corporation rose $2.36 (3.6%) to $67.74 on average volume. Throughout the day, 1,875,610 shares of SINA Corporation exchanged hands as compared to its average daily volume of 2,328,600 shares. The stock ranged in a price between $64.97-$68.00 after having opened the day at $65.40 as compared to the previous trading day's close of $65.38. Other companies within the Internet industry that increased today were: Bankrate ( RATE), up 17.2%, MeetMe ( MEET), up 8.9%, Facebook Inc Class A ( FB), up 6.2% and QuinStreet ( QNST), up 3.6%.

SINA Corporation, through its subsidiaries, operates as an online media company in the People's Republic of China. SINA Corporation has a market cap of $4.4 billion and is part of the technology sector. Shares are up 31.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate SINA Corporation a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates SINA Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

On the negative front, Friendfinder Networks ( FFN), down 10.2%, Remark Media ( MARK), down 7.7%, ChinaNet Online Holdings ( CNET), down 6.7% and Points International ( PCOM), down 5.2% , were all laggards within the internet industry with Opentable ( OPEN) 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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