Cablevision Systems Corp (CVC): Today's Featured Media Winner

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.

Cablevision Systems ( CVC) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day down 0.1%. By the end of trading, Cablevision Systems rose $0.21 (1.3%) to $16.62 on heavy volume. Throughout the day, 6,103,838 shares of Cablevision Systems exchanged hands as compared to its average daily volume of 3,549,900 shares. The stock ranged in a price between $16.45-$16.82 after having opened the day at $16.48 as compared to the previous trading day's close of $16.41. Other companies within the Media industry that increased today were: Starz ( STRZB), up 13.1%, Promotora de Informaciones SA/FI ( PRIS), up 11.0%, Martha Stewart Living Omnimedia ( MSO), up 9.9% and Live Nation Entertainment ( LYV), up 8.4%.

Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. Cablevision Systems has a market cap of $3.4 billion and is part of the services sector. Shares are down 8.5% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Cablevision Systems a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the negative front, AirMedia Group ( AMCN), down 11.4%, ChinaNet Online Holdings ( CNET), down 10.0%, Point.360 ( PTSX), down 6.0% and Emmis Communications ( EMMS), down 5.9% , were all laggards within the media industry with CBS Corporation ( CBS) being today's media industry laggard.

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).

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