DISH Network Corp (DISH): 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.

DISH Network ( DISH) 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, DISH Network fell $1.27 (-2.2%) to $55.36 on average volume. Throughout the day, 2,160,983 shares of DISH Network exchanged hands as compared to its average daily volume of 2,514,000 shares. The stock ranged in price between $55.30-$56.60 after having opened the day at $56.42 as compared to the previous trading day's close of $56.63. Other companies within the Media industry that declined today were: AirMedia Group ( AMCN), down 5.8%, NTN Buzztime ( NTN), down 5.2%, Digital Cinema Destinations ( DCIN), down 4.8% and Hong Kong Television Network ( HKTV), down 4.4%.

DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $12.3 billion and is part of the services sector. The company has a P/E ratio of 35.3, above the S&P 500 P/E ratio of 17.7. Shares are down 2.2% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate DISH Network a buy, 3 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates DISH Network as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally higher debt management risk.

On the positive front, Rentrak Corporation ( RENT), up 26.6%, Rocket Fuel ( FUEL), up 13.2%, VisionChina Media ( VISN), up 11.6% and Value Line ( VALU), up 10.2% , were all gainers within the media industry with Tivo ( TIVO) 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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