3 Stocks Improving Performance Of The Media Industry

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 11 points (0.1%) at 16,218 as of Tuesday, Feb. 25, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,600 issues advancing vs. 1,298 declining with 186 unchanged.

The Media industry currently sits up 0.5% versus the S&P 500, which is up 0.2%.

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

3. Live Nation Entertainment ( LYV) is one of the companies pushing the Media industry higher today. As of noon trading, Live Nation Entertainment is up $1.62 (7.4%) to $23.47 on heavy volume. Thus far, 1.8 million shares of Live Nation Entertainment exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $23.28-$24.80 after having opened the day at $24.56 as compared to the previous trading day's close of $21.85.

Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising segments. Live Nation Entertainment has a market cap of $4.3 billion and is part of the services sector. Shares are up 10.6% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Live Nation Entertainment a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Live Nation Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Live Nation Entertainment 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.

2. As of noon trading, Omnicom Group ( OMC) is up $0.96 (1.3%) to $76.81 on light volume. Thus far, 458,684 shares of Omnicom Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $76.26-$76.87 after having opened the day at $76.53 as compared to the previous trading day's close of $75.85.

Omnicom Group Inc., together with its subsidiaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. Omnicom Group has a market cap of $19.3 billion and is part of the services sector. Shares are up 2.0% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who 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 solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

1. As of noon trading, Twenty-First Century Fox ( FOXA) is up $0.17 (0.5%) to $33.34 on light volume. Thus far, 2.4 million shares of Twenty-First Century Fox exchanged hands as compared to its average daily volume of 12.4 million shares. The stock has ranged in price between $33.08-$33.47 after having opened the day at $33.19 as compared to the previous trading day's close of $33.17.

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. Twenty-First Century Fox has a market cap of $48.0 billion and is part of the services sector. Currently there are 16 analysts who 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, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and good cash flow from operations. 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.

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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