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 2.7%. By the end of trading, Amazon.com fell $12.67 (-4.1%) to $297.38 on average volume. Throughout the day, 4,584,439 shares of Amazon.com exchanged hands as compared to its average daily volume of 4,841,000 shares. The stock ranged in price between $297.04-$309.81 after having opened the day at $309.53 as compared to the previous trading day's close of $310.05. Other companies within the Internet industry that declined today were: Twitter ( TWTR), down 17.8%, Yelp ( YELP), down 13.4%, China Finance Online ( JRJC), down 9.3% and CRITEO ( CRTO), down 8.8%.

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 $141.7 billion and is part of the services sector. The company has a P/E ratio of 481.3, above the S&P 500 P/E ratio of 17.7. Shares are down 22.2% year to date as of the close of trading on Monday. Currently there are 26 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 5 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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins.

On the positive front, Taomee Holdings ( TAOM), up 4.5%, LiveDeal ( LIVE), up 3.5%, Selectica ( SLTC), up 3.0% and eLong ( LONG), up 2.5%.

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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