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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Cablevision Systems ( CVC) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 0.3%. By the end of trading, Cablevision Systems rose 21 cents (1.4%) to $15.65 on light volume. Throughout the day, 2.4 million shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in a price between $15.37-$15.68 after having opened the day at $15.46 as compared to the previous trading day's close of $15.44. Other companies within the Media industry that increased today were: Inuvo ( INUV), up 17.8%, Digital Cinema Destinations ( DCIN), up 13.2%, VisionChina Media ( VISN), up 7.1%, and Central European Media ( CETV), up 6.3%.

Cablevision Systems Corporation operates as a telecommunications and media company. Cablevision Systems has a market cap of $3.21 billion and is part of the services sector. The company has a P/E ratio of 18.7, equal to the average media industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 6.3% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Cablevision Systems a buy, three analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and a generally disappointing performance in the stock itself.

On the negative front, Digital Domain Media Group ( DDMG), down 39%, Pandora Media ( P), down 16.7%, Monster Worldwide ( MWW), down 6.3%, and SearchMedia Holdings ( IDI), down 5.7%, were all laggards within the media industry with Charter Communications ( CHTR) being today's media industry laggard.

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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