Opentable Inc. (OPEN): 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.

Opentable ( OPEN) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day down 1.4%. By the end of trading, Opentable rose $1.35 (1.8%) to $76.21 on heavy volume. Throughout the day, 1,161,702 shares of Opentable exchanged hands as compared to its average daily volume of 567,600 shares. The stock ranged in a price between $74.77-$77.85 after having opened the day at $74.77 as compared to the previous trading day's close of $74.86. Other companies within the Internet industry that increased today were: ChinaCache International Holdings ( CCIH), up 13.7%, TheStreet ( TST), up 6.0%, CRITEO ADR ( CRTO), up 5.2% and BroadVision ( BVSN), up 2.6%.

OpenTable, Inc. provides restaurant reservation solutions primarily in the United States, Canada, Germany, Japan, Mexico, and the United Kingdom. It offers solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants. Opentable has a market cap of $1.7 billion and is part of the technology sector. Shares are down 6.9% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Opentable a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Opentable as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Groupon ( GRPN), down 21.9%, Autobytel ( ABTL), down 16.8%, Geeknet ( GKNT), down 16.1% and Net Element ( NETE), down 9.8% , were all laggards within the internet industry with SouFun Holdings ( SFUN) 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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