3 Stocks Pushing The Media Industry Higher

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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 13,006 as of Monday, Dec. 3, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,239 issues advancing vs. 1,655 declining with 129 unchanged.

The Media industry currently sits down 0.4% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Sirius XM Radio ( SIRI), up 2.4%, and Time Warner Cable ( TWC), up 0.8%. A company within the industry that fell today was Shaw Communications ( SJR), up 0.9%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Liberty Global ( LBTYK) is one of the companies pushing the Media industry higher today. As of noon trading, Liberty Global is up $1.16 (2.2%) to $54.03 on heavy volume Thus far, 248,443 shares of Liberty Global exchanged hands as compared to its average daily volume of 327,400 shares. The stock has ranged in price between $52.66-$54.03 after having opened the day at $52.66 as compared to the previous trading day's close of $52.87.

Liberty Global, Inc. provides video, broadband Internet, and telephony services primarily in Europe and Chile. Liberty Global has a market cap of $5.8 billion and is part of the services sector. Shares are up 36.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates Liberty Global as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally higher debt management risk. Get the full Liberty Global Ratings Report now.

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2. As of noon trading, Liberty Media Corporation ( LMCA) is up $1.51 (1.4%) to $111.50 on average volume Thus far, 345,308 shares of Liberty Media Corporation exchanged hands as compared to its average daily volume of 747,400 shares. The stock has ranged in price between $110.55-$113.34 after having opened the day at $111.60 as compared to the previous trading day's close of $109.99.

Liberty Media Corporation, through its subsidiaries, engages in media, communications, and entertainment businesses primarily in North America. Liberty Media Corporation has a market cap of $11.9 billion and is part of the services sector. The company has a P/E ratio of 7.3, below the S&P 500 P/E ratio of 17.7. Shares are up 40.9% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Liberty Media Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Liberty Media Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Liberty Media Corporation Ratings Report now.

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1. As of noon trading, McGraw-Hill Companies Incorporated ( MHP) is up $0.40 (0.8%) to $53.51 on average volume Thus far, 1.0 million shares of McGraw-Hill Companies Incorporated exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $52.93-$53.70 after having opened the day at $53.19 as compared to the previous trading day's close of $53.11.

The McGraw-Hill Companies, Inc. provides information services for the financial, commodities and commercial, and education markets worldwide. McGraw-Hill Companies Incorporated has a market cap of $14.4 billion and is part of the services sector. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 15.0% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate McGraw-Hill Companies Incorporated a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates McGraw-Hill Companies Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full McGraw-Hill Companies Incorporated Ratings Report now.

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If you are interested in one of these 3 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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