3 Stocks Pushing The Internet Industry Downward

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 18 points (0.1%) at 16,551 as of Wednesday, April 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,684 issues advancing vs. 1,250 declining with 198 unchanged.

The Internet industry currently is unchanged today versus the S&P 500, which is up 0.2%. A company within the industry that fell today was eBay ( EBAY), up 0.6%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Vipshop Holdings ( VIPS) is one of the companies pushing the Internet industry lower today. As of noon trading, Vipshop Holdings is down $4.02 (-2.5%) to $155.64 on average volume. Thus far, 660,676 shares of Vipshop Holdings exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $154.00-$161.99 after having opened the day at $161.04 as compared to the previous trading day's close of $159.66.

Vipshop Holdings Limited, through its subsidiaries, operates as an online discount retailer for various brands in the People's Republic of China. Vipshop Holdings has a market cap of $8.3 billion and is part of the services sector. Shares are up 78.4% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Vipshop Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Vipshop Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Vipshop Holdings Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Qihoo 360 Technology ( QIHU) is down $4.00 (-3.9%) to $99.00 on average volume. Thus far, 2.3 million shares of Qihoo 360 Technology exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $98.36-$104.90 after having opened the day at $104.73 as compared to the previous trading day's close of $103.00.

Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products in the People's Republic of China. Qihoo 360 Technology has a market cap of $12.2 billion and is part of the technology sector. Shares are up 21.4% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Qihoo 360 Technology a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Qihoo 360 Technology 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 find that the company's profit margins have been poor overall. Get the full Qihoo 360 Technology Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, LinkedIn ( LNKD) is down $2.97 (-1.6%) to $184.99 on average volume. Thus far, 1.2 million shares of LinkedIn exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $184.81-$190.00 after having opened the day at $189.99 as compared to the previous trading day's close of $187.96.

LinkedIn Corporation operates an online professional network. LinkedIn has a market cap of $19.2 billion and is part of the technology sector. Shares are down 14.7% year-to-date as of the close of trading on Tuesday. Currently there are 20 analysts that rate LinkedIn a buy, no analysts rate it a sell, and 12 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. Get the full LinkedIn Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, 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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