Time Warner Inc (TWX): 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.

Time Warner ( TWX) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 2.6%. By the end of trading, Time Warner fell $1.31 (-2.1%) to $61.52 on heavy volume. Throughout the day, 8,719,369 shares of Time Warner exchanged hands as compared to its average daily volume of 4,791,700 shares. The stock ranged in price between $61.39-$62.89 after having opened the day at $62.83 as compared to the previous trading day's close of $62.83. Other companies within the Media industry that declined today were: YuMe ( YUME), down 10.2%, Inuvo ( INUV), down 8.7%, Dreamworks Animation SKG ( DWA), down 7.4% and VisionChina Media ( VISN), down 7.4%.

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 $57.4 billion and is part of the services sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are down 9.9% year to date as of the close of trading on Friday. Currently there are 15 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Journal Communications ( JRN), up 7.0%, Spanish Broadcasting System ( SBSA), up 6.9%, Cinedigm ( CIDM), up 4.5% and Value Line ( VALU), up 2.7%.

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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