3 Stocks Boosting The Media Industry Higher

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 27 points (-0.2%) at 15,858 as of Tuesday, Dec. 17, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 997 issues advancing vs. 1,953 declining with 153 unchanged.

The Media industry currently sits down 0.5% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include Sirius XM Radio ( SIRI), down 1.9%, Liberty Global ( LBTYA), down 1.1%, Twenty-First Century Fox ( FOX), down 1.0%, Directv ( DTV), down 1.0% and Thomson Reuters Corporation ( TRI), down 0.7%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Omnicom Group ( OMC) is one of the companies pushing the Media industry higher today. As of noon trading, Omnicom Group is up $0.46 (0.7%) to $70.10 on average volume. Thus far, 962,650 shares of Omnicom Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $69.50-$70.44 after having opened the day at $69.56 as compared to the previous trading day's close of $69.63.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services in the Americas, Europe, the Middle East, Africa, and the Asia pacific. Omnicom Group has a market cap of $17.7 billion and is part of the services sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 37.8% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Omnicom Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Omnicom Group 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, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Omnicom Group Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Publicis Shares Rise After U.S. Business Drives Return To Growth In Q2

Tesla Just Added Two Directors to Its Board That Have No Experience in Car Industry

Publicis Surges To Three-Month High After Q1 Revenues Beat Expectations

How Alphabet's Margins Could Look After Ad-Policy Revamp

Facebook Has Its 'Knives Out' to Destroy Snap's Ad Business, Ad Exec Says