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 higher today making it today's featured internet winner. The industry as a whole closed the day up 1.8%. By the end of trading, LinkedIn rose $8.27 (4.0%) to $212.40 on average volume. Throughout the day, 2,179,006 shares of LinkedIn exchanged hands as compared to its average daily volume of 1,993,300 shares. The stock ranged in a price between $208.63-$215.77 after having opened the day at $211.08 as compared to the previous trading day's close of $204.13. Other companies within the Internet industry that increased today were: Facebook Inc Class A ( FB), up 14.1%, MeetMe ( MEET), up 10.9%, LiveDeal ( LIVE), up 9.1% and HealthStream ( HSTM), up 7.5%.
LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $21.6 billion and is part of the technology sector. The company has a P/E ratio of 709.0, above the S&P 500 P/E ratio of 17.7. Shares are down 5.9% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 14 rate it a hold. TheStreet Ratings rates LinkedIn as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and disappointing return on equity.