3 Stocks Dragging In The Media Industry

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 7 points (0.0%) at 16,563 as of Tuesday, Aug. 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,349 issues advancing vs. 1,605 declining with 179 unchanged.

The Media industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include CBS ( CBS), down 1.1%, and Time Warner ( TWX), down 0.7%.

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

3. Sinclair Broadcast Group ( SBGI) is one of the companies pushing the Media industry lower today. As of noon trading, Sinclair Broadcast Group is down $1.56 (-4.8%) to $30.73 on heavy volume. Thus far, 1.2 million shares of Sinclair Broadcast Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $30.55-$32.43 after having opened the day at $32.03 as compared to the previous trading day's close of $32.29.

Sinclair Broadcast Group, Inc., a diversified television broadcasting company, owns and operates, programs, or provides sales services to television stations in the United States. Sinclair Broadcast Group has a market cap of $2.3 billion and is part of the services sector. Shares are down 9.6% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Sinclair Broadcast Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sinclair Broadcast Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Sinclair Broadcast Group 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.

2. As of noon trading, Pandora Media ( P) is down $0.65 (-2.5%) to $25.73 on average volume. Thus far, 3.2 million shares of Pandora Media exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $25.52-$26.78 after having opened the day at $26.20 as compared to the previous trading day's close of $26.38.

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 $5.2 billion and is part of the services sector. Shares are down 0.8% year-to-date as of the close of trading on Monday. Currently there are 15 analysts that 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. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, weak operating cash flow and feeble growth in its earnings per share. Get the full Pandora Media 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, Netflix ( NFLX) is down $2.60 (-0.6%) to $448.94 on light volume. Thus far, 860,423 shares of Netflix exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $444.81-$453.00 after having opened the day at $451.35 as compared to the previous trading day's close of $451.54.

Netflix, Inc. operates as an Internet television network, is engaged in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has a market cap of $26.8 billion and is part of the services sector. Shares are up 22.6% year-to-date as of the close of trading on Monday. Currently there are 15 analysts that rate Netflix a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Netflix as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Netflix 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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