Discovery Communications Inc (DISCA): Today's Featured Media Laggard

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.

Discovery Communications ( DISCA) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Discovery Communications fell $1.28 (-1.6%) to $79.72 on average volume. Throughout the day, 1,916,852 shares of Discovery Communications exchanged hands as compared to its average daily volume of 1,285,400 shares. The stock ranged in price between $79.10-$81.73 after having opened the day at $81.73 as compared to the previous trading day's close of $81.00. Other companies within the Media industry that declined today were: Point.360 ( PTSX), down 5.5%, Beasley Broadcast Group ( BBGI), down 5.4%, Central European Media ( CETV), down 4.0% and Envoy Capital Group ( ECGI), down 3.9%.

Discovery Communications, Inc. operates as a non fiction media company worldwide. It operates through three segments: U.S. Networks, International Networks, and Education. The company provides original and purchased content across various distribution platforms. Discovery Communications has a market cap of $12.3 billion and is part of the services sector. Shares are up 33.0% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Discovery Communications a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Discovery Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, ChinaNet Online Holdings ( CNET), up 16.6%, Crown Media Holdings ( CRWN), up 6.5%, Comcast ( CMCSK), up 5.7% and Entravision Communications Corporation ( EVC), up 5.6% , were all gainers within the media industry with Twenty-First Century Fox ( FOXA) being today's featured media industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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