Charter Communications Inc (CHTR): Media's Featured Stock Of The Day

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 0.2%. By the end of trading, Charter Communications rose $2.27 (2.2%) to $104.55 on light volume. Throughout the day, 818,047 shares of Charter Communications exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $101.79-$104.60 after having opened the day at $102.50 as compared to the previous trading day's close of $102.28. Other companies within the Media industry that increased today were: Inuvo ( INUV), up 10%, Tiger Media ( IDI), up 9.7%, Envoy Capital Group ( ECGI), up 8.3%, and Beasley Broadcast Group ( BBGI), 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 $10.5 billion and is part of the services sector. Shares are up 36.1% year to date as of the close of trading on Wednesday. Currently there is one analyst that rates Charter Communications a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Charter Communications 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 compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity.

On the negative front, Entravision Communications Corporation ( EVC), down 10.1%, Noah Education Holdings ( NED), down 4.8%, Digital Cinema Destinations Corp Class A ( DCIN), down 4.4%, and ChinaNet Online Holdings ( CNET), down 3.8%, were all laggards within the media industry with Sirius XM Radio ( SIRI) 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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