Baidu Inc. (BIDU): 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.

Baidu ( BIDU) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Baidu fell $5.81 (-4.2%) to $133.89 on average volume. Throughout the day, 5,502,497 shares of Baidu exchanged hands as compared to its average daily volume of 4,521,900 shares. The stock ranged in price between $132.18-$139.18 after having opened the day at $138.75 as compared to the previous trading day's close of $139.70. Other companies within the Internet industry that declined today were: LiveDeal ( LIVE), down 8.0%, Deltathree ( DDDC), down 6.5%, Yelp ( YELP), down 5.3% and ChinaNet Online Holdings ( CNET), down 5.2%.

Baidu, Inc. provides Internet search services. Baidu has a market cap of $47.2 billion and is part of the technology sector. Shares are up 34.5% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Baidu a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Baidu as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Jiayuan.com International ( DATE), up 27.1%, China Finance Online ( JRJC), up 12.3%, MeetMe ( MEET), up 11.8% and Professional Diversity Network ( IPDN), up 10.5% , were all gainers within the internet industry with TripAdvisor ( TRIP) 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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