3 Stocks Pushing The Media Industry Lower

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 16,647 as of Wednesday, May 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,518 issues advancing vs. 1,472 declining with 153 unchanged.

The Media industry currently sits up 0.2% versus the S&P 500, which is unchanged. A company within the industry that increased today was Netflix ( NFLX), up 1.0%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Thomson Reuters ( TRI) is one of the companies pushing the Media industry lower today. As of noon trading, Thomson Reuters is down $0.21 (-0.6%) to $35.02 on average volume. Thus far, 438,061 shares of Thomson Reuters exchanged hands as compared to its average daily volume of 781,000 shares. The stock has ranged in price between $34.97-$35.31 after having opened the day at $35.30 as compared to the previous trading day's close of $35.23.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. The company sells electronic content and services to professionals, primarily on a subscription basis. Thomson Reuters has a market cap of $28.5 billion and is part of the services sector. Shares are down 6.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Thomson Reuters a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Thomson Reuters as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. Get the full Thomson Reuters Ratings Report now.

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2. As of noon trading, Live Nation Entertainment ( LYV) is down $0.93 (-3.8%) to $23.57 on average volume. Thus far, 866,525 shares of Live Nation Entertainment exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $23.37-$23.86 after having opened the day at $23.70 as compared to the previous trading day's close of $24.50.

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 $4.9 billion and is part of the services sector. Shares are up 22.7% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that 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 impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Live Nation Entertainment Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Comcast ( CMCSA) is down $0.34 (-0.7%) to $51.72 on light volume. Thus far, 3.3 million shares of Comcast exchanged hands as compared to its average daily volume of 16.5 million shares. The stock has ranged in price between $51.57-$52.17 after having opened the day at $52.17 as compared to the previous trading day's close of $52.06.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $111.5 billion and is part of the services sector. Shares are up 0.0% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Comcast a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Comcast Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, 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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