Opentable Inc. (OPEN): Today's Featured Internet Laggard

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.

Opentable ( OPEN) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole was unchanged today. By the end of trading, Opentable fell $1.45 (-2.2%) to $64.06 on average volume. Throughout the day, 560,334 shares of Opentable exchanged hands as compared to its average daily volume of 564,900 shares. The stock ranged in price between $63.74-$65.25 after having opened the day at $64.51 as compared to the previous trading day's close of $65.51. Other companies within the Internet industry that declined today were: 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%.

OpenTable, Inc. provides restaurant reservation solutions primarily in the United States, Canada, Germany, Japan, Mexico, and the United Kingdom. It offers solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants. Opentable has a market cap of $1.5 billion and is part of the technology sector. Shares are up 34.3% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Opentable a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Opentable as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Bankrate ( RATE), up 17.2%, MeetMe ( MEET), up 8.9%, Facebook Inc Class A ( FB), up 6.2% and QuinStreet ( QNST), up 3.6% , were all gainers within the internet industry with SINA Corporation ( SINA) being today's featured internet industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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