Internet content and services rank just behind air and water in the 21st century consumers' survival guide.
But, in spite of its high profile, the Internet Content industry group ranked No. 74 in Friday's IBD, down from its top-20 ranking in early October.
It is a highly profitable group, with 13 of 43 stocks holding EPS Ratings above 80. Analysts' consensus projects five of those will see earnings grow 25% or more this year.
Among those, analysts forecast LinkedIn's (LNKD) earnings will surge 78% for 2013, less than the 106% estimate for 2012. The career-based social networking site jumped 109% at its May 2011 IPO.
It has since gained only 25%. But it cleared a 117.42 buy point in a cup-with-handle base on Thursday. It ended Friday less than 1% above the buy point.
Yandex (YNDX), the Netherlands-based provider of content to Russia's Internet users, has a 34% EPS growth forecast for 2013. It is climbing the right side of a base and is back above both its 10- and 40-week moving averages.
It remains 18% below its 52-week high and has a weak Relative Price Strength Rating.
The prodigal stock, Facebook (FB), has been bouncing back from its 61%-deep correction. Analysts see its profit increasing 25% for 2013, up from a projected 6% gain for 2012.
Analyst consensus projects 32% earnings growth for IAC/Interactive (IACI) in 2013. The company operates a group of websites including ask.com and match.com. The stock has tumbled back below both its 10- and 40-week moving averages, deepening its correction.
China search engine heavyweight Baidu (BIDU) has a 25% consensus earnings growth forecast for 2013. The stock is testing resistance at its 40-week line after a strong five-week advance. But it remains deep in a correction.
Also worth watching: Blucora (BCOR), which offers services through dogpile.com, webfetch.com and elsewhere. Analysts project 137% earnings growth for 2013, up from 2012's 24% forecast. The stock is climbing the right side of a cup base, although much of it has formed below the 50-day line.
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