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 1.1%. By the end of trading, Amazon.com fell $5.54 (-1.5%) to $373.23 on light volume. Throughout the day, 2,634,821 shares of Amazon.com exchanged hands as compared to its average daily volume of 3,715,100 shares. The stock ranged in price between $369.42-$379.00 after having opened the day at $378.77 as compared to the previous trading day's close of $378.77. Other companies within the Internet industry that declined today were: Renren ( RENN), down 9.8%, Coupons.com Incorporated ( COUP), down 7.9%, Tremor Video ( TRMR), down 7.3% and Jiayuan.com International ( DATE), down 4.9%.

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 $172.2 billion and is part of the services sector. Shares are down 5.0% year to date as of the close of trading on Tuesday. Currently there are 23 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 7 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, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.

On the positive front, LiveDeal ( LIVE), up 7.3%, MeetMe ( MEET), up 5.5%, Conversant ( CNVR), up 4.2% and Zillow ( Z), up 2.3% , were all gainers within the internet industry with LinkedIn ( LNKD) 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).

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