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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 29 points (0.2%) at 17,012 as of Tuesday, July 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,408 declining with 169 unchanged.

The Media industry currently sits up 0.2% versus the S&P 500, which is up 0.1%.

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

3. Comcast ( CMCSK) is one of the companies pushing the Media industry higher today. As of noon trading, Comcast is up $0.79 (1.4%) to $55.31 on heavy volume. Thus far, 1.8 million shares of Comcast exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $55.06-$56.23 after having opened the day at $55.06 as compared to the previous trading day's close of $54.52.

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 $23.3 billion and is part of the services sector. Shares are up 9.3% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Comcast a buy, no analysts rate it a sell, and none 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 notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Comcast 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, Time Warner Cable ( TWC) is up $2.78 (1.9%) to $151.79 on heavy volume. Thus far, 1.6 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $150.35-$154.12 after having opened the day at $150.35 as compared to the previous trading day's close of $149.01.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services in the United States. Time Warner Cable has a market cap of $41.3 billion and is part of the services sector. Shares are up 10.0% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Time Warner Cable a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Time Warner Cable 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, Directv ( DTV) is up $0.99 (1.1%) to $87.15 on average volume. Thus far, 2.7 million shares of Directv exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $86.67-$88.25 after having opened the day at $88.19 as compared to the previous trading day's close of $86.16.

DIRECTV provides digital television entertainment services in the United States and Latin America. The company acquires, promotes, sells, and distributes digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $43.5 billion and is part of the services sector. Shares are up 24.8% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Directv a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Directv 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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