EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Reprint Email

TheStreet Wire

News Corp (NWS): Today's Featured Media Winner

By TheStreet Wire 07/18/12 - 05:00 PM EDT

Find out if (NWS) is in Cramer's Portfolio.

News (NWS) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 0.6%. By the end of trading, News rose 15 cents (0.7%) to $22.62 on average volume. Throughout the day, three million shares of News exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in a price between $22.36-$22.69 after having opened the day at $22.47 as compared to the previous trading day's close of $22.47. Other companies within the Media industry that increased today were: Seven Arts Entertainment (SAPX), up 24.3%, Inuvo (INUV), up 14.5%, Digital Domain Media Group (DDMG), up 12.8%, and Media General (MEG), up 12.3%.

ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

News Corporation operates as a diversified media company worldwide. News has a market cap of $17.66 billion and is part of the services sector. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are up 21.6% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates News a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates News as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

You can view the full News Ratings Report.

On the negative front, Harte-Hanks (HHS), down 16.1%, Lee (LEE), down 8.4%, SearchMedia Holdings (IDI), down 7.5%, and Promotora de Informaciones SA/FI ADR (PRIS), down 6.5%, were all losers within the media industry with Virgin Media (VMED) being today's media industry loser.

Use our media section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media (PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services (SCC).

Find other investment ideas from our top rated ETFs lists.

For more information on News Corporation click any of the following:

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Real Money

TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:

Jim Cramer + 20 Wall Street pros
Intraday commentary & news
Real-time trading forum
Actionable trade ideas

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.