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.

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2. As of noon trading, Interpublic Group of Cos ( IPG) is up $0.24 (1.8%) to $13.26 on average volume Thus far, 2.6 million shares of Interpublic Group of Cos exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $13.05-$13.28 after having opened the day at $13.08 as compared to the previous trading day's close of $13.03.

The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. The company operates in two segments, Integrated Agency Networks and Constituency Management Group. Interpublic Group of Cos has a market cap of $5.4 billion and is part of the services sector. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 18.2% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Interpublic Group of Cos a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Interpublic Group of Cos as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Interpublic Group of Cos Ratings Report now.

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1. As of noon trading, Directv ( DTV) is up $0.76 (1.5%) to $52.04 on heavy volume Thus far, 5.4 million shares of Directv exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $51.16-$52.64 after having opened the day at $51.33 as compared to the previous trading day's close of $51.28.

DIRECTV provides digital television entertainment in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $29.2 billion and is part of the services sector. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 1.5% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Directv a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Directv 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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