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

LinkedIn ( LNKD) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 1.4%. By the end of trading, LinkedIn fell $7.78 (-3.2%) to $237.21 on average volume. Throughout the day, 2,246,071 shares of LinkedIn exchanged hands as compared to its average daily volume of 1,933,300 shares. The stock ranged in price between $237.10-$243.70 after having opened the day at $242.56 as compared to the previous trading day's close of $244.99. Other companies within the Internet industry that declined today were: Friendfinder Networks ( FFN), down 93.7%, Web.com Group ( WWWW), down 4.7%, Move ( MOVE), down 4.5% and Yelp ( YELP), down 4.5%.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $23.1 billion and is part of the technology sector. Shares are up 114.1% year to date as of the close of trading on Friday. 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 positive front, China Finance Online ( JRJC), up 31.8%, ChinaNet Online Holdings ( CNET), up 20.5%, Mediabistro ( MBIS), up 7.1% and Bitauto Holdings ( BITA), up 6.1%.

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).

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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