Sirius XM Radio Inc. (SIRI): 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.

Sirius XM Radio ( SIRI) 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, Sirius XM Radio rose $0.04 (1.1%) to $3.68 on light volume. Throughout the day, 32,038,711 shares of Sirius XM Radio exchanged hands as compared to its average daily volume of 58,937,600 shares. The stock ranged in a 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. Other companies within the Media industry that increased today were: Envoy Capital Group ( ECGI), up 9.7%, Dolan ( DM), up 8.0%, Ku6 Media ( KUTV), up 6.3% and Beasley Broadcast Group ( BBGI), up 5.2%.

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.

On the negative front, Entravision Communications Corporation ( EVC), down 7.2%, Point.360 ( PTSX), down 5.2%, Dreamworks Animation SKG ( DWA), down 4.5% and Carmike Cinemas ( CKEC), down 4.5% , were all laggards within the media industry with Walt Disney ( DIS) 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.

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