CBS Corporation

(

CBS

) pushed the Media industry lower today making it today's featured Media loser. The industry as a whole closed the day down 0.4%. By the end of trading, CBS Corporation fell 33 cents (-1.1%) to $31.17 on average volume. Throughout the day, 6.7 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 7.7 million shares. The stock ranged in price between $30.94-$31.76 after having opened the day at $31.62 as compared to the previous trading day's close of $31.50. Other company's within the Media industry that declined today were:

Charm Communications

(

CHRM

), down 9.1%,

Digital Domain Media Group

(

DDMG

), down 6.6%,

Radio One

(

ROIA

), down 6.5%, and

Dial Global

(

DIAL

), down 4.8%.

CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. CBS Corporation has a market cap of $18.48 billion and is part of the

services

sector. The company has a P/E ratio of 14.2, above the average media industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Monday. Currently there are 17 analysts that rate CBS Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates CBS Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front,

Millennial Media

(

MM

), up 9.4%,

Insignia Systems

(

ISIG

), up 7.9%,

ChinaNet Online Holdings

(

CNET

), up 7.7%, and

Dex One

(

DEXO

), up 7.3%, were all gainers within the media industry with

Comcast

(

CMCSK

) being today's featured media industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider

PowerShares Dynamic Media

(

PBS

) while those bearish on the media industry could consider

ProShares Ultra Sht Consumer Services

(

SCC

).

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