3 Media Stocks Moving The Industry Upward

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 91 points (-0.5%) at 16,894 as of Thursday, July 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 864 issues advancing vs. 2,123 declining with 163 unchanged.

The Media industry currently sits down 0.9% versus the S&P 500, which is down 0.4%.

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

3. Sirius XM Holdings ( SIRI) is one of the companies pushing the Media industry higher today. As of noon trading, Sirius XM Holdings is up $0.04 (1.0%) to $3.38 on average volume. Thus far, 26.1 million shares of Sirius XM Holdings exchanged hands as compared to its average daily volume of 51.1 million shares. The stock has ranged in price between $3.28-$3.39 after having opened the day at $3.29 as compared to the previous trading day's close of $3.35.

Sirius XM Holdings Inc. provides satellite radio services in the United States and Canada. Sirius XM Holdings has a market cap of $20.3 billion and is part of the services sector. Shares are down 4.0% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Sirius XM Holdings a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sirius XM Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Sirius XM Holdings Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Charter Communications ( CHTR) is up $1.23 (0.8%) to $163.38 on average volume. Thus far, 574,981 shares of Charter Communications exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $160.25-$163.42 after having opened the day at $160.85 as compared to the previous trading day's close of $162.15.

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 $17.2 billion and is part of the services sector. Shares are up 18.6% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Charter Communications a buy, no analysts rate it a sell, and 4 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 also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Charter Communications Ratings Report now.

3x UPSIDE POTENTIAL: 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, Pandora Media ( P) is up $0.28 (1.1%) to $26.12 on average volume. Thus far, 4.1 million shares of Pandora Media exchanged hands as compared to its average daily volume of 9.9 million shares. The stock has ranged in price between $24.50-$26.21 after having opened the day at $25.15 as compared to the previous trading day's close of $25.84.

Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy, as well as offers Pandora One, a paid subscription service to listeners. Pandora Media has a market cap of $5.3 billion and is part of the services sector. Shares are down 2.9% year-to-date as of the close of trading on Wednesday. Currently there are 16 analysts who rate Pandora Media a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Pandora Media as a sell. Among the areas we feel are negative, one of the most important has been generally deteriorating net income. Get the full Pandora Media Ratings Report now.

3x UPSIDE POTENTIAL: 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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