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

LinkedIn ( LNKD) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole was unchanged today. By the end of trading, LinkedIn rose $3.97 (1.6%) to $256.14 on average volume. Throughout the day, 1,612,654 shares of LinkedIn exchanged hands as compared to its average daily volume of 1,953,300 shares. The stock ranged in a price between $248.95-$257.56 after having opened the day at $251.45 as compared to the previous trading day's close of $252.17. Other companies within the Technology sector that increased today were: FalconStor Software ( FALC), up 18.3%, Sigmatron International ( SGMA), up 18.0%, Novatel Wireless ( NVTL), up 11.5% and Gogo ( GOGO), up 10.8%.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $23.4 billion and is part of the internet industry. Shares are up 119.6% year to date as of the close of trading on Tuesday. 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. The area that we feel has been the company's primary weakness has been its disappointing return on equity.

On the negative front, Plug Power ( PLUG), down 19.7%, ReneSola ( SOL), down 16.9%, PT Indosat TBK ( IIT), down 13.0% and Deltathree ( DDDC), down 10.0% , were all laggards within the technology sector with Seagate Technology ( STX) 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).

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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