3 Stocks Improving Performance Of The Media Industry
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 37 points (0.2%) at 17,877 as of Wednesday, July 6, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,655 issues advancing vs. 1,273 declining with 140 unchanged.
The Media industry currently sits down 0.1% versus the S&P 500, which is up 0.3%.
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, CBS is up $0.40 (0.7%) to $55.07 on light volume. Thus far, 1.2 million shares of CBS exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $54.14-$55.16 after having opened the day at $54.46 as compared to the previous trading day's close of $54.67.
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CBS Corporation operates as a mass media company worldwide. The company operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. CBS has a market cap of $24.9 billion and is part of the services sector. Shares are up 16.0% year-to-date as of the close of trading on Tuesday. Currently there are 16 analysts who rate CBS a buy, no analysts rate it a sell, and 4 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, impressive record of earnings per share growth, increase in net income and good cash flow from operations. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
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2. As of noon trading,
(
) is up $0.51 (0.7%) to $74.36 on light volume. Thus far, 1.2 million shares of Time Warner exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $72.88-$74.41 after having opened the day at $73.46 as compared to the previous trading day's close of $73.85.
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Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. Time Warner has a market cap of $58.4 billion and is part of the services sector. Shares are up 14.2% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts who rate Time Warner a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Time Warner
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and attractive valuation levels. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
now.
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1. As of noon trading,
(
) is up $0.54 (0.6%) to $98.20 on light volume. Thus far, 2.8 million shares of Walt Disney exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $96.76-$98.38 after having opened the day at $97.00 as compared to the previous trading day's close of $97.66.
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The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. Walt Disney has a market cap of $159.0 billion and is part of the services sector. Shares are down 7.1% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate Walt Disney a buy, 2 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Walt Disney
as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
).