News Corporation (NWSA): 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 0.1%. By the end of trading, News Corporation rose $0.61 (4.0%) to $15.89 on average volume. Throughout the day, 13,408,331 shares of News Corporation exchanged hands as compared to its average daily volume of 14,899,900 shares. The stock ranged in a price between $15.29-$15.96 after having opened the day at $15.36 as compared to the previous trading day's close of $15.28. Other companies within the Media industry that increased today were:
(
), up 8.7%,
(
), up 7.5%,
(
), up 7.0% and
(
), up 6.5%.
News Corporation operates as a diversified media company worldwide. News Corporation has a market cap of $5.6 billion and is part of the services sector. Shares are unchanged year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate News Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
News Corporation
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, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full News Corporation Ratings Report.
On the negative front,
Digital Domain Media Group
(
DDMGQ
), down 22.7%,
(
), down 22.7%,
(
), down 5.6% and
(
), down 5.0% , 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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