DISH Network Corp (DISH): Today's Featured Media Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

DISH Network ( DISH) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 1.0%. By the end of trading, DISH Network rose $0.69 (1.5%) to $46.63 on average volume. Throughout the day, 2,868,790 shares of DISH Network exchanged hands as compared to its average daily volume of 2,718,200 shares. The stock ranged in a price between $46.02-$46.89 after having opened the day at $46.30 as compared to the previous trading day's close of $45.94. Other companies within the Media industry that increased today were: Digital Domain Media Group ( DDMG), up 17.6%, Digital Domain Media Group ( DDMGQ), up 17.6%, VisionChina Media ( VISN), up 10.6% and Insignia Systems ( ISIG), up 9.9%.

DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $9.7 billion and is part of the services sector. Shares are up 22.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate DISH Network a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates DISH Network as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Scholastic Corporation ( SCHL), down 8.3%, YOU On Demand Holdings ( YOD), down 7.0%, Ku6 Media ( KUTV), down 5.7% and Digital Cinema Destinations Corp Class A ( DCIN), down 4.0% , were all laggards within the media industry with Omnicom Group ( OMC) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Dow, S&P 500 and Nasdaq Lose Earlier Momentum and Finish Lower

Dow, S&P 500 and Nasdaq Lose Earlier Momentum and Finish Lower

Wendy's, Roku, GM, AT&T and 3M - 5 Things You Must Know

Wendy's, Roku, GM, AT&T and 3M - 5 Things You Must Know

Count on T-Mobile to Think Outside the Box as It Takes on the TV Industry

Count on T-Mobile to Think Outside the Box as It Takes on the TV Industry

Count on T-Mobile to Think Outside the Box As It Takes on the TV Industry

Count on T-Mobile to Think Outside the Box As It Takes on the TV Industry

Stocks Turn Negative In Spite of Trump's Vote of Confidence: LIVE MARKETS BLOG

Stocks Turn Negative In Spite of Trump's Vote of Confidence: LIVE MARKETS BLOG