AOL Inc. (AOL): Today's Featured Technology 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.

AOL ( AOL) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 0.8%. By the end of trading, AOL fell $0.42 (-1.3%) to $32.49 on average volume. Throughout the day, 1,412,826 shares of AOL exchanged hands as compared to its average daily volume of 1,024,300 shares. The stock ranged in price between $32.21-$32.99 after having opened the day at $32.93 as compared to the previous trading day's close of $32.91. Other companies within the Technology sector that declined today were: PT Indosat TBK ( IIT), down 20.7%, Hauppauge Digital ( HAUP), down 18.2%, LookSmart ( LOOK), down 13.3% and Zoom Technologies ( ZOOM), down 12.0%.

AOL Inc., a Web services brand company, offers a suite of online content, products, and services to consumers, advertisers, publishers, and subscribers worldwide. AOL has a market cap of $2.5 billion and is part of the internet industry. Shares are up 10.6% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate AOL a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates AOL as a buy. 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 reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, SolarCity ( SCTY), up 22.4%, Performance Technologies ( PTIX), up 19.9%, Glowpoint ( GLOW), up 16.5% and Aehr Test Systems ( AEHR), up 14.9% , were all gainers within the technology sector with AT&T ( T) being today's featured technology sector leader.

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).

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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