Yandex NV (YNDX): 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.

Yandex ( YNDX) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day down 0.2%. By the end of trading, Yandex rose $0.50 (1.5%) to $33.70 on average volume. Throughout the day, 3,401,154 shares of Yandex exchanged hands as compared to its average daily volume of 2,429,000 shares. The stock ranged in a price between $33.00-$34.79 after having opened the day at $33.66 as compared to the previous trading day's close of $33.20. Other companies within the Internet industry that increased today were: Taomee Holdings ( TAOM), up 15.8%, ChinaCache International Holdings ( CCIH), up 13.8%, Selectica ( SLTC), up 13.1% and ChinaNet Online Holdings ( CNET), up 12.2%.

Yandex N.V. operates an Internet search engine in Russia and internationally. Yandex has a market cap of $7.6 billion and is part of the technology sector. Shares are up 54.1% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Yandex a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Yandex as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.

On the negative front, TripAdvisor ( TRIP), down 9.2%, Renren ( RENN), down 8.3%, Tremor Video ( TRMR), down 8.2% and China Finance Online ( JRJC), down 6.0% , were all laggards within the internet industry with Google ( GOOG) 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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