Amazon.com Inc (AMZN): 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.

Amazon.com ( AMZN) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Amazon.com fell $7.64 (-1.9%) to $384.66 on average volume. Throughout the day, 3,673,792 shares of Amazon.com exchanged hands as compared to its average daily volume of 2,779,500 shares. The stock ranged in price between $383.10-$390.95 after having opened the day at $390.11 as compared to the previous trading day's close of $392.30. Other companies within the Internet industry that declined today were: 58.com Inc ADR repr Class A ( WUBA), down 8.8%, Zynga ( ZNGA), down 4.7%, Autobytel ( ABTL), down 4.5% and Innodata ( INOD), down 4.3%.

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $180.2 billion and is part of the services sector. The company has a P/E ratio of 1405.8, above the S&P 500 P/E ratio of 17.7. Shares are up 56.9% year to date as of the close of trading on Monday. Currently there are 24 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Amazon.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, China Finance Online ( JRJC), up 4.8%, Groupon ( GRPN), up 3.9%, Renren ( RENN), up 3.5% and Akamai Technologies ( AKAM), up 3.5% , were all gainers within the internet industry with SouFun Holdings ( SFUN) being today's featured internet industry leader.

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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