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.

If you liked this article you might like

Amazon, Hat's Off to You, but Good Luck Beating Ticketmaster -- Live Nation CEO

Taylor Swift Is No Stranger To Weird Sponsorships

Helping Starbucks and Southwest Airlines Predict the Weather Is One Hot Business

Here Comes the Carnage: Market Recon