DISH Network Corp (DISH): Today's Featured Media Winner
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.
(
) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 1.0%. By the end of trading, DISH Network rose $0.69 (1.5%) to $46.63 on average volume. Throughout the day, 2,868,790 shares of DISH Network exchanged hands as compared to its average daily volume of 2,718,200 shares. The stock ranged in a price between $46.02-$46.89 after having opened the day at $46.30 as compared to the previous trading day's close of $45.94. Other companies within the Media industry that increased today were:
(
), up 17.6%,
Digital Domain Media Group
(
DDMGQ
), up 17.6%,
(
), up 10.6% and
(
), up 9.9%.
DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $9.7 billion and is part of the services sector. Shares are up 22.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate DISH Network a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
DISH Network
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full DISH Network Ratings Report.
On the negative front,
(
), down 8.3%,
(
), down 7.0%,
(
), down 5.7% and
Digital Cinema Destinations Corp Class A
(
), down 4.0% , 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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