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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 14,463 as of Wednesday, March 13, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,568 issues advancing vs. 1,298 declining with 138 unchanged.

The Media industry currently sits up 0.5% versus the S&P 500, which is up 0.2%.

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

3. Dreamworks Animation SKG ( DWA) is one of the companies pushing the Media industry higher today. As of noon trading, Dreamworks Animation SKG is up $1.50 (8.5%) to $19.18 on heavy volume Thus far, 2.1 million shares of Dreamworks Animation SKG exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $18.00-$19.21 after having opened the day at $18.02 as compared to the previous trading day's close of $17.68.

DreamWorks Animation SKG, Inc. engages in the development, production, and exploitation of animated films and associated characters worldwide. The company operates through two reportable segments, Film and TV Specials/Series, and Classic Media. Dreamworks Animation SKG has a market cap of $1.4 billion and is part of the services sector. Shares are up 6.8% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Dreamworks Animation SKG a buy, 5 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Dreamworks Animation SKG as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Dreamworks Animation SKG Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you liked this article you might like

Why You Should Know the Cravath Lawyer Behind Big Media Mergers

Hasbro Launches First YouTube Series, New Toy Brand to Follow

Royal Caribbean, Mattel Target Teens, Kids Through Online Content