Netflix Inc. (NFLX): 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.

Netflix ( NFLX) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Netflix fell $8.10 (-2.2%) to $364.18 on average volume. Throughout the day, 3,950,886 shares of Netflix exchanged hands as compared to its average daily volume of 2,955,600 shares. The stock ranged in price between $361.53-$377.83 after having opened the day at $371.01 as compared to the previous trading day's close of $372.28. Other companies within the Media industry that declined today were: Ku6 Media ( KUTV), down 16.7%, Marchex ( MCHX), down 6.5%, NTN Buzztime ( NTN), down 6.5% and AirMedia Group ( AMCN), down 5.8%.

Netflix, Inc. provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has a market cap of $22.2 billion and is part of the services sector. Shares are up 1.1% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Netflix a buy, 4 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Netflix as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Point.360 ( PTSX), up 12.2%, ChinaNet Online Holdings ( CNET), up 6.5%, Lee ( LEE), up 5.2% and Emmis Communications ( EMMS), up 2.3% , were all gainers within the media industry with Lions Gate Entertainment Corporation ( LGF) 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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