4 Stocks Pushing The Media Industry Higher

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 15,558 as of Monday, July 22, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,691 issues advancing vs. 1,251 declining with 101 unchanged.

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

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Thomson Reuters Corporation ( TRI) is one of the companies pushing the Media industry higher today. As of noon trading, Thomson Reuters Corporation is up $0.23 (0.7%) to $34.74 on light volume. Thus far, 159,465 shares of Thomson Reuters Corporation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $34.49-$34.77 after having opened the day at $34.53 as compared to the previous trading day's close of $34.51.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. Thomson Reuters Corporation has a market cap of $28.7 billion and is part of the services sector. Shares are up 18.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Thomson Reuters Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Thomson Reuters Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins. Get the full Thomson Reuters Corporation Ratings Report now.

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3. As of noon trading, Comcast ( CMCSK) is up $0.29 (0.7%) to $43.08 on average volume. Thus far, 896,653 shares of Comcast exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $42.74-$43.35 after having opened the day at $42.74 as compared to the previous trading day's close of $42.79.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $21.1 billion and is part of the services sector. Shares are up 19.1% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Comcast a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Comcast Ratings Report now.

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

2. As of noon trading, Sirius XM Radio ( SIRI) is up $0.02 (0.6%) to $3.66 on average volume. Thus far, 22.5 million shares of Sirius XM Radio exchanged hands as compared to its average daily volume of 58.9 million shares. The stock has ranged in price between $3.62-$3.68 after having opened the day at $3.64 as compared to the previous trading day's close of $3.64.

Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels on subscription fee basis through two satellite radio systems. Sirius XM Radio has a market cap of $23.5 billion and is part of the services sector. Shares are up 27.7% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Sirius XM Radio a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sirius XM Radio as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Sirius XM Radio Ratings Report now.

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

1. As of noon trading, Time Warner ( TWX) is up $0.49 (0.8%) to $62.26 on light volume. Thus far, 1.3 million shares of Time Warner exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $61.82-$62.47 after having opened the day at $61.91 as compared to the previous trading day's close of $61.77.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. The Networks segment consists of Turner Broadcasting System, Inc. and Home Box Office, Inc. Time Warner has a market cap of $58.0 billion and is part of the services sector. Shares are up 29.1% year to date as of the close of trading on Friday. Currently there are 18 analysts that rate Time Warner a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Time Warner Ratings Report now.

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

If you are interested in one of these 4 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).

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