Cablevision Systems Corp (CVC): Today's Featured Media Loser

The media industry closed the day up 0.8%. Beasley Broadcast Group Inc ( BBGI), Westwood One Inc ( WWON), SearchMedia Holdings ( IDI), and Dex One ( DEXO) were all decliners today within the media industry with Cablevision Systems ( CVC) being today's featured media loser. Cablevision Systems fell 28 cents (-1.6%) to $17.20 on light volume. Throughout the day, 2.2 million shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3.6 million shares.

Cablevision Systems Corporation, through its subsidiaries, operates as a telecommunications, media, and entertainment company. Cablevision Systems has a market cap of $4.7 billion and is part of the services sector.

TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow.

On the positive front, Point.360 ( PTSX), Charm Communications Inc ( CHRM), Radio One Inc ( ROIAK), and Entravision Communications Corporation ( EVC) were all gainers within the media industry with DIRECTV ( DTV) 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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