5 Stocks Pushing The Media Industry Lower

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 5 stocks pushing the industry lower today:

5. CBS Corporation ( CBS) is one of the companies pushing the Media industry lower today. As of noon trading, CBS Corporation is down $0.72 (-1.2%) to $58.41 on light volume. Thus far, 1.3 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $58.21-$59.08 after having opened the day at $59.03 as compared to the previous trading day's close of $59.13.

CBS Corporation operates as a mass media company in the United States and internationally. It operates in five segments: Entertainment, Cable Networks, Publishing, Local Broadcasting, and Outdoor Americas. CBS Corporation has a market cap of $32.8 billion and is part of the services sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 53.5% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate CBS Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CBS Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full CBS Corporation Ratings Report now.

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

4. As of noon trading, Time Warner ( TWX) is down $0.63 (-0.9%) to $65.69 on light volume. Thus far, 1.1 million shares of Time Warner exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $65.40-$66.39 after having opened the day at $66.30 as compared to the previous trading day's close of $66.32.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. The Networks segment consists of Turner Broadcasting System, Inc. and Home Box Office, Inc. Time Warner has a market cap of $59.3 billion and is part of the services sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 38.7% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Time Warner a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Time Warner 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, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Time Warner Ratings Report now.

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

3. As of noon trading, Twenty-First Century Fox ( FOXA) is down $0.31 (-0.9%) to $32.53 on light volume. Thus far, 3.2 million shares of Twenty-First Century Fox exchanged hands as compared to its average daily volume of 9.9 million shares. The stock has ranged in price between $32.44-$32.99 after having opened the day at $32.99 as compared to the previous trading day's close of $32.84.

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. Twenty-First Century Fox has a market cap of $48.8 billion and is part of the services sector. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are up 28.7% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Twenty-First Century Fox a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Twenty-First Century Fox 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 expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Twenty-First Century Fox Ratings Report now.

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

2. As of noon trading, Comcast ( CMCSA) is down $0.35 (-0.7%) to $48.89 on light volume. Thus far, 2.4 million shares of Comcast exchanged hands as compared to its average daily volume of 10.2 million shares. The stock has ranged in price between $48.74-$49.61 after having opened the day at $49.61 as compared to the previous trading day's close of $49.24.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $104.7 billion and is part of the services sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 31.2% year to date as of the close of trading on Monday. Currently there are 21 analysts that rate Comcast a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Comcast Ratings Report now.

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

1. As of noon trading, Walt Disney ( DIS) is down $0.41 (-0.6%) to $70.10 on light volume. Thus far, 1.8 million shares of Walt Disney exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $69.84-$70.70 after having opened the day at $70.70 as compared to the previous trading day's close of $70.51.

The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. Walt Disney has a market cap of $122.3 billion and is part of the services sector. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7. Shares are up 39.8% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Walt Disney a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Walt Disney Ratings Report now.

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

If you are interested in one of these 3 stocks, 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).

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