Inc (SOHU): Today's Featured Technology 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. ( SOHU) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 1.3%. By the end of trading, fell $0.93 (-1.2%) to $73.85 on average volume. Throughout the day, 574,408 shares of exchanged hands as compared to its average daily volume of 762,100 shares. The stock ranged in price between $73.56-$75.32 after having opened the day at $75.32 as compared to the previous trading day's close of $74.78. Other companies within the Technology sector that declined today were: Elephant Talk Communications ( ETAK), down 13.2%, China BAK Battery ( CBAK), down 12.1%, CounterPath Corporation ( CPAH), down 11.4% and BTU International ( BTUI), down 9.1%. Inc. provides online media, search, gaming, community, and mobile services in the People's Republic of China. has a market cap of $2.8 billion and is part of the internet industry. Shares are up 2.5% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

On the positive front, Mercury Systems ( MRCY), up 19.2%, eOn Communications Corporation ( EONC), up 13.4%, Aehr Test Systems ( AEHR), up 10.7% and 21Vianet Group ( VNET), up 10.7% , were all gainers within the technology sector with Baidu ( BIDU) being today's featured technology sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

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