Cablevision Systems Corp (CVC): 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, Cablevision Systems rose $0.51 (2.9%) to $17.90 on average volume. Throughout the day, 2,757,489 shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3,328,600 shares. The stock ranged in a price between $17.42-$17.99 after having opened the day at $17.44 as compared to the previous trading day's close of $17.39. Other companies within the Media industry that increased today were:
(
), up 6.1%,
(
), up 6.0%,
(
TheStreet Recommends
), up 5.7% and
(
), up 5.6%.
Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. Cablevision Systems has a market cap of $3.8 billion and is part of the services sector. Shares are up 16.4% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Cablevision Systems a buy, 3 analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates Cablevision Systems as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.
- You can view the full Cablevision Systems Ratings Report.
On the negative front,
(
), down 9.2%,
(
), down 8.6%,
(
), down 5.8% and
(
), down 5.4% , 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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