NetEase Inc (NTES): 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.

NetEase ( NTES) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day down 0.3%. By the end of trading, NetEase rose $2.60 (3.6%) to $74.90 on average volume. Throughout the day, 950,847 shares of NetEase exchanged hands as compared to its average daily volume of 682,900 shares. The stock ranged in a price between $73.20-$75.75 after having opened the day at $73.46 as compared to the previous trading day's close of $72.30. Other companies within the Internet industry that increased today were: Sohu.com ( SOHU), up 7.5%, Deltathree ( DDDC), up 7.1%, Mediabistro ( MBIS), up 5.8% and CGI Group ( GIB), up 5.5%.

NetEase, Inc., through its subsidiaries, engages in online games, Internet portal, e-mail, and wireless value-added services businesses in China. The company operates through three segments: Online Game Services; Advertising Services; and E-mail, Wireless Value-added Services, and Others. NetEase has a market cap of $9.7 billion and is part of the technology sector. Shares are up 75.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate NetEase a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NetEase as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, LookSmart ( LOOK), down 9.4%, Qihoo 360 Technology ( QIHU), down 5.6%, ValueClick ( VCLK), down 4.6% and Opentable ( OPEN), down 4.5% , were all laggards within the internet industry with Equinix ( EQIX) 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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