Charter Communications Inc (CHTR): 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.

Charter Communications ( CHTR) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Charter Communications fell $1.62 (-1.2%) to $135.53 on average volume. Throughout the day, 1,737,361 shares of Charter Communications exchanged hands as compared to its average daily volume of 1,781,400 shares. The stock ranged in price between $134.81-$137.82 after having opened the day at $135.20 as compared to the previous trading day's close of $137.15. Other companies within the Media industry that declined today were: Tiger Media ( IDI), down 9.1%, Dreamworks Animation SKG ( DWA), down 8.9%, ChinaNet Online Holdings ( CNET), down 8.4% and VisionChina Media ( VISN), down 4.3%.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $15.2 billion and is part of the services sector. Shares are up 0.3% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Charter Communications a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Charter Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the positive front, YOU On Demand Holdings ( YOD), up 9.2%, Point 360 ( PTSX), up 5.9%, Monster Worldwide ( MWW), up 5.0% and Lee ( LEE), up 4.7% , were all gainers within the media industry with Time Warner ( TWX) 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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