Charter Communications Inc (CHTR): 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.

Charter Communications ( CHTR) 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, Charter Communications rose 83 cents (1.2%) to $70.43 on light volume. Throughout the day, 520,602 shares of Charter Communications exchanged hands as compared to its average daily volume of 742,000 shares. The stock ranged in a price between $69.50-$70.71 after having opened the day at $69.78 as compared to the previous trading day's close of $69.60. Other companies within the Media industry that increased today were: SearchMedia Holdings ( IDI), up 10.7%, Charm Communications ( CHRM), up 8.3%, ChinaNet Online Holdings ( CNET), up 7.8%, and Noah Education Holdings ( NED), up 6.2%.
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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 $7.05 billion and is part of the services sector. Shares are up 22.5% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Charter Communications a buy, one analyst rates it a sell, and six 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 unimpressive growth in net income, generally high debt management risk, disappointing return on equity and feeble growth in its earnings per share.

On the negative front, Ku6 Media ( KUTV), down 16.1%, LodgeNet Interactive Corporation ( LNET), down 6.7%, Point.360 ( PTSX), down 6.3%, and Radio One Inc. Class D ( ROIAK), down 4.8%, were all laggards within the media industry with Focus Media ( FMCN) 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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