LinkedIn Corp (LNKD): Today's Featured Technology Winner

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LinkedIn ( LNKD) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.5%. By the end of trading, LinkedIn rose $6.12 (2.6%) to $240.37 on light volume. Throughout the day, 1,356,347 shares of LinkedIn exchanged hands as compared to its average daily volume of 1,925,200 shares. The stock ranged in a price between $235.00-$240.88 after having opened the day at $235.75 as compared to the previous trading day's close of $234.25. Other companies within the Technology sector that increased today were: PT Indosat TBK ( IIT), up 12.4%, WPCS International ( WPCS), up 11.8%, Alliance Fiber Optic Products ( AFOP), up 10.8% and TigerLogic Corporation ( TIGR), up 10.3%.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $21.7 billion and is part of the internet industry. Shares are up 101.0% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates LinkedIn as a sell. Among the areas we feel are negative, one of the most important has been premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Remark Media ( MARK), down 17.6%, Daegis ( DAEG), down 9.1%, Zoom Technologies ( ZOOM), down 8.2% and Alvarion ( ALVR), down 8.0% , were all laggards within the technology sector with Aruba Networks ( ARUN) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

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