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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. Yahoo ( YHOO) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 1.4%. By the end of trading, Yahoo fell $0.70 (-1.9%) to $35.44 on average volume. Throughout the day, 18,858,132 shares of Yahoo exchanged hands as compared to its average daily volume of 22,372,800 shares. The stock ranged in price between $35.40-$36.19 after having opened the day at $36.08 as compared to the previous trading day's close of $36.14. Other companies within the Internet industry that declined today were: ChinaNet Online Holdings ( CNET), down 10.8%, Weibo Corp ADR ( WB), down 7.5%, Borderfree ( BRDR), down 6.3% and Yelp ( YELP), down 5.6%. Yahoo! Inc. operates as a technology company worldwide. Yahoo has a market cap of $36.7 billion and is part of the technology sector. Shares are down 10.6% year to date as of the close of trading on Tuesday. Currently there are 19 analysts that rate Yahoo a buy, no analysts rate it a sell, and 9 rate it a hold. TheStreet Ratings rates Yahoo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
