3 Media Stocks Pushing Industry Growth

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,897 as of Wednesday, Dec. 18, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,497 issues advancing vs. 1,411 declining with 169 unchanged.

The Media industry currently sits up 0.4% versus the S&P 500, which is unchanged. Top gainers within the industry include Omnicom Group ( OMC), up 1.0%, and Twenty-First Century Fox ( FOXA), up 0.5%.

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

3. Valassis Communications ( VCI) is one of the companies pushing the Media industry higher today. As of noon trading, Valassis Communications is up $6.03 (21.3%) to $34.33 on heavy volume. Thus far, 10.8 million shares of Valassis Communications exchanged hands as compared to its average daily volume of 408,100 shares. The stock has ranged in price between $34.27-$34.38 after having opened the day at $34.27 as compared to the previous trading day's close of $28.30.

Valassis Communications, Inc., together with its subsidiaries, provides media solutions primarily in the United States and Europe. Valassis Communications has a market cap of $1.1 billion and is part of the services sector. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Valassis Communications a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Valassis Communications as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and deteriorating net income. Get the full Valassis Communications Ratings Report now.

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2. As of noon trading, Twenty-First Century Fox ( FOX) is up $0.20 (0.6%) to $32.15 on light volume. Thus far, 297,667 shares of Twenty-First Century Fox exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $32.02-$32.34 after having opened the day at $32.34 as compared to the previous trading day's close of $31.94.

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. Twenty-First Century Fox has a market cap of $25.6 billion and is part of the services sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 22.0% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Twenty-First Century Fox a buy, no analysts rate it a sell, and 1 rates 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, notable return on equity, reasonable valuation levels, increase in stock price during the past year 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.

3x UPSIDE POTENTIAL: 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, Comcast ( CMCSK) is up $0.50 (1.0%) to $47.88 on light volume. Thus far, 572,870 shares of Comcast exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $47.65-$48.01 after having opened the day at $47.73 as compared to the previous trading day's close of $47.38.

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 $22.3 billion and is part of the services sector. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are up 31.9% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Comcast a buy, no analysts rate it a sell, and none 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.

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 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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