3 Stocks Dragging The Media Industry Downward

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 3 stocks pushing the industry lower today:

3. Dreamworks Animation SKG ( DWA) is one of the companies pushing the Media industry lower today. As of noon trading, Dreamworks Animation SKG is down $1.87 (-7.5%) to $23.03 on heavy volume. Thus far, 1.4 million shares of Dreamworks Animation SKG exchanged hands as compared to its average daily volume of 889,800 shares. The stock has ranged in price between $22.98-$24.28 after having opened the day at $23.87 as compared to the previous trading day's close of $24.90.

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 $1.9 billion and is part of the services sector. Shares are up 50.3% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Dreamworks Animation SKG a buy, 4 analysts rate it a sell, and 6 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 largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. 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.

STOCKS TO BUY: 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, Time Warner Cable ( TWC) is down $1.00 (-0.9%) to $115.47 on average volume. Thus far, 1.1 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $114.70-$116.99 after having opened the day at $116.34 as compared to the previous trading day's close of $116.47.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services to residential and business service customers over its broadband cable systems in the United States. Time Warner Cable has a market cap of $33.1 billion and is part of the services sector. Shares are up 19.8% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Time Warner Cable Ratings Report now.

STOCKS TO BUY: 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, Walt Disney ( DIS) is down $0.59 (-0.9%) to $64.57 on light volume. Thus far, 2.6 million shares of Walt Disney exchanged hands as compared to its average daily volume of 7.8 million shares. The stock has ranged in price between $64.57-$65.33 after having opened the day at $65.15 as compared to the previous trading day's close of $65.16.

The Walt Disney Company operates as an entertainment company worldwide. Its Media Networks segment engages in broadcast television network, television production and distribution, television stations, broadcast radio networks and stations, and publishing and digital operations. Walt Disney has a market cap of $118.5 billion and is part of the services sector. Shares are up 30.9% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Walt Disney a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Walt Disney 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 good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Walt Disney Ratings Report now.

STOCKS TO BUY: 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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