Cablevision Systems Corp (CVC): 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.

Cablevision Systems ( CVC) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 0.4%. By the end of trading, Cablevision Systems rose $0.80 (5.1%) to $16.56 on heavy volume. Throughout the day, 6,924,429 shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3,457,500 shares. The stock ranged in a price between $15.83-$16.63 after having opened the day at $15.97 as compared to the previous trading day's close of $15.76. Other companies within the Media industry that increased today were: Saga Communications ( SGA), up 10.1%, Bona Film Group ( BONA), up 5.6%, NTN Buzztime ( NTN), up 4.3% and Radio One ( ROIA), up 3.9%.

Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. Cablevision Systems has a market cap of $3.3 billion and is part of the services sector. Shares are up 2.4% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Cablevision Systems a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and increase in stock price during the past year. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the negative front, RealD ( RLD), down 5.5%, ChinaNet Online Holdings ( CNET), down 5.4%, VisionChina Media ( VISN), down 4.6% and Dolan ( DM), down 3.5% , were all laggards within the media industry with Tivo ( TIVO) 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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