Google, eBay, LinkedIn Among Top Internet Stocks

on March 05, 2013

Google (GOOG), eBay (EBAY) and LinkedIn (LNKD) are ranked in the top five among all Internet stocks, Investor’s Business Daily reported.

The professional networking site LinkedIn has done well during the recession as users log in to find prospective employers or employees. On February 7, the company reported a 192% jump in EPS and revenue rose 81%. Shares jumped 21% on February 8 on the report, and have continued to soar.

Google (GOOG), the world's largest search engine, has seen some competition crop up in recent years but the company has successfully expanded its business to mobile phone software. Its Android software is the world's No. 1 wireless OS. Google shares rose 0.8% Monday intraday after earlier hitting a new record high of 815.22.

eBay (EBAY) has also expanded its services and is no longer just an auction site. The company recently revamped its site to make it easier for users to buy and sell goods. The company also owns PayPal, the online payment giant. In January, eBay reported a 17% EPS gain, just beating analyst estimates.

GOOG, EBAY and LNKD are Cabot Top Ten Trader stocks.

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