Discovery Communications Inc (DISCA): Today's Featured Media Winner
(
) pushed the Media industry higher today making it today's featured media winner. The industry as a whole was unchanged today. By the end of trading, Discovery Communications rose $0.95 (1.2%) to $82.86 on light volume. Throughout the day, 785,006 shares of Discovery Communications exchanged hands as compared to its average daily volume of 1,428,300 shares. The stock ranged in a price between $81.56-$82.87 after having opened the day at $81.81 as compared to the previous trading day's close of $81.91. Other companies within the Media industry that increased today were:
(
), up 7.2%,
Mandalay Digital Group
(
MNDLD
), up 7.2%,
(
), up 7.1% and
Digital Domain Media Group
(
DDMGQ
), up 7.1%.
Discovery Communications, Inc. operates as a non fiction media company worldwide. It operates through three segments: U.S. Networks, International Networks, and Education. The company provides original and purchased content across various distribution platforms. Discovery Communications has a market cap of $12.0 billion and is part of the services sector. Shares are up 29.0% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Discovery Communications a buy, no analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Discovery Communications
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Discovery Communications Ratings Report.
On the negative front,
Entravision Communications Corporation
(
), down 8.9%,
(
), down 8.6%,
(
), down 5.9% and
(
), down 5.3% , were all laggards within the media industry with
(
) being today's media industry laggard.
- 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
(
) while those bearish on the media industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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