Netflix Inc (NFLX): 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.

Netflix ( NFLX) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 0.5%. By the end of trading, Netflix rose $14.48 (4.5%) to $336.52 on heavy volume. Throughout the day, 5,279,145 shares of Netflix exchanged hands as compared to its average daily volume of 3,144,700 shares. The stock ranged in a price between $323.05-$345.69 after having opened the day at $324.05 as compared to the previous trading day's close of $322.04. Other companies within the Media industry that increased today were: Point 360 ( PTSX), up 11.1%, RetailMeNot ( SALE), up 9.0%, Media General ( MEG), up 8.7% and Tiger Media ( IDI), up 7.0%.

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 $19.2 billion and is part of the services sector. The company has a P/E ratio of 227.2, above the S&P 500 P/E ratio of 17.7. Shares are down 13.1% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Netflix a buy, 4 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Netflix as a hold. The company's strengths can be seen in multiple areas, such as its robust 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 negative front, Monster Worldwide ( MWW), down 17.9%, Starz ( STRZA), down 9.2%, Saga Communications ( SGA), down 7.4% and YOU On Demand Holdings ( YOD), down 5.4% , were all laggards within the media industry with Thomson Reuters ( TRI) 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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