June 25, 2013 at 17:39 PM EDT
Google, LinkedIn Among Basing Internet Content Stocks
Never has such a successful industry been built upon such nonsensical names. But that is not why the Internet content group has slipped in IBD's industry rankings. The group pulled back to a No. 31 rank among 197 industries, as of Tuesday's IBD. That is down from a No. 7 ranking at the start of May. The change appears to be due, at least in part, to base-building efforts among a number of healthy stocks in the group. At the top of that list,
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