TripAdvisor Inc (TRIP): 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.

TripAdvisor ( TRIP) 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, TripAdvisor fell $2.76 (-3.0%) to $89.95 on heavy volume. Throughout the day, 3,579,073 shares of TripAdvisor exchanged hands as compared to its average daily volume of 2,048,000 shares. The stock ranged in price between $88.82-$92.34 after having opened the day at $92.26 as compared to the previous trading day's close of $92.71. Other companies within the Internet industry that declined today were: Wix.com ( WIX), down 9.9%, Bitauto Holdings ( BITA), down 9.5%, Youku Tudou Inc ADR repr Class A ( YOKU), down 6.2% and Borderfree ( BRDR), down 5.8%.

TripAdvisor, Inc. operates as an online travel company. TripAdvisor has a market cap of $12.5 billion and is part of the technology sector. Shares are up 11.9% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate TripAdvisor a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates TripAdvisor as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

On the positive front, Internet Initiative Japan ( IIJI), up 10.1%, ChinaNet Online Holdings ( CNET), up 6.5%, VirnetX ( VHC), up 5.3% and MeetMe ( MEET), up 5.0% , 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).

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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