Tivo Inc. (TIVO): 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.

Tivo ( TIVO) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Tivo fell $0.58 (-4.4%) to $12.66 on heavy volume. Throughout the day, 7,979,359 shares of Tivo exchanged hands as compared to its average daily volume of 2,629,600 shares. The stock ranged in price between $12.37-$13.25 after having opened the day at $13.23 as compared to the previous trading day's close of $13.24. Other companies within the Media industry that declined today were: RealD ( RLD), down 5.5%, ChinaNet Online Holdings ( CNET), down 5.4%, VisionChina Media ( VISN), down 4.6% and Dolan ( DM), down 3.5%.

TiVo Inc., together with its subsidiaries, provides software and service technology that enables the distribution of video content on digital video recorders (DVRs), non-DVR set-top boxes (STB), computers, smartphones, and tablets in the United States and internationally. Tivo has a market cap of $1.6 billion and is part of the services sector. The company has a P/E ratio of 5.9, below the S&P 500 P/E ratio of 17.7. Shares are up 7.4% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Tivo a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Tivo as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, reasonable valuation levels and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, 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% , were all gainers within the media industry with Cablevision Systems ( CVC) 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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