3 Stocks Improving Performance Of The Media Industry
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.
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 124 points (-0.7%) at 18,164 as of Tuesday, March 3, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 944 issues advancing vs. 2,000 declining with 194 unchanged.
The Media industry currently sits down 0.1% versus the S&P 500, which is down 0.8%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Media industry higher today. As of noon trading, Sirius XM Holdings is up $0.02 (0.6%) to $3.98 on heavy volume. Thus far, 35.0 million shares of Sirius XM Holdings exchanged hands as compared to its average daily volume of 33.0 million shares. The stock has ranged in price between $3.95-$4.02 after having opened the day at $3.96 as compared to the previous trading day's close of $3.96.
Sirius XM Holdings Inc., through its subsidiaries, provides satellite radio services in the United States. Sirius XM Holdings has a market cap of $21.7 billion and is part of the services sector. Shares are up 13.1% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate Sirius XM Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Sirius XM Holdings
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Sirius XM Holdings Ratings Report
now.
2. As of noon trading,
(
) is up $0.60 (1.1%) to $55.24 on light volume. Thus far, 635,926 shares of Liberty Global exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $54.40-$55.32 after having opened the day at $54.52 as compared to the previous trading day's close of $54.64.
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, and mobile services in Europe, Chile, Puerto Rico, and internationally. Liberty Global has a market cap of $13.6 billion and is part of the services sector. Shares are up 8.8% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Liberty Global a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Liberty Global
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk. Get the full
now.
1. As of noon trading,
(
) is up $0.55 (0.9%) to $62.30 on average volume. Thus far, 3.1 million shares of CBS exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $61.33-$62.47 after having opened the day at $61.49 as compared to the previous trading day's close of $61.75.
CBS Corporation operates as a mass media company worldwide. It operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. CBS has a market cap of $27.2 billion and is part of the services sector. Shares are up 11.6% year-to-date as of the close of trading on Monday. Currently there are 17 analysts who rate CBS a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
CBS
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
now.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the media industry could consider
(
) while those bearish on the media industry could consider
ProShares Ultra Sht Consumer Services
(
).
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