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CBS Corporation



) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day down 0.3%. By the end of trading, CBS Corporation rose 38 cents (1.2%) to $31.92 on average volume. Throughout the day, seven million shares of CBS Corporation exchanged hands as compared to its average daily volume of 7.7 million shares. The stock ranged in a price between $30.97-$32.26 after having opened the day at $31.51 as compared to the previous trading day's close of $31.54. Other companies within the Media industry that increased today were:

ChinaNet Online Holdings



), up 13.7%,

Dex One



), up 12.9%,




), up 8.8%, and

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TheStreet Recommends

Entravision Communications Corporation



), up 8.1%.

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 $19.57 billion and is part of the


sector. The company has a P/E ratio of 15.1, above the average media industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 19.2% year to date as of the close of trading on Wednesday. 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


. 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 negative front,

Peoples Educational Holdings



), down 33.1%,

Promotora de Informaciones SA/FI ADR



), down 10.5%,

KIT Digital



), down 8.9%, and




), down 8.8%, were all losers within the media industry with




) being today's media industry loser.

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



) while those bearish on the media industry could consider

ProShares Ultra Sht Consumer Services