Charter Communications Inc (CHTR): Today's Featured Media Winner

Charter Communications ( CHTR) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day down 0.9%. By the end of trading, Charter Communications rose $1.19 (1.7%) to $72.78 on average volume. Throughout the day, 472,418 shares of Charter Communications exchanged hands as compared to its average daily volume of 510,700 shares. The stock ranged in a price between $70.83-$73.34 after having opened the day at $71.30 as compared to the previous trading day's close of $71.59. Other companies within the Media industry that increased today were: Ku6 Media ( KUTV), up 6.9%, Pandora Media ( P), up 4.2%, LodgeNet Interactive Corporation ( LNET), up 3.2%, and Envoy Capital Group ( ECGI), up 3.1%.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $7.24 billion and is part of the services sector. Shares are up 26.6% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Charter Communications a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Charter Communications as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and disappointing return on equity.

On the negative front, Seven Arts Entertainment ( SAPX), down 15.8%, SearchMedia Holdings ( IDI), down 10.3%, Gray Television ( GTN.A), down 8.2%, and LIN TV Corporation ( TVL), down 6.2%, were all losers within the media industry with CBS Corporation ( CBS) 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 ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).
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