3 Stocks Pushing The Media Industry Downward

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 67 points (-0.4%) at 17,031 as of Tuesday, Sept. 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,801 declining with 159 unchanged.

The Media industry currently sits up 0.1% versus the S&P 500, which is down 0.3%. A company within the industry that fell today was Liberty Global ( LBTYA), up 1.8%.

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

3. Time Warner Cable ( TWC) is one of the companies pushing the Media industry lower today. As of noon trading, Time Warner Cable is down $1.23 (-0.8%) to $146.70 on light volume. Thus far, 523,799 shares of Time Warner Cable exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $146.59-$148.28 after having opened the day at $148.19 as compared to the previous trading day's close of $147.93.

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 9.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and 9 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, revenue growth, reasonable valuation levels, good cash flow from operations and growth in earnings per share. 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.

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, Comcast ( CMCSA) is down $0.30 (-0.6%) to $54.42 on light volume. Thus far, 3.8 million shares of Comcast exchanged hands as compared to its average daily volume of 10.7 million shares. The stock has ranged in price between $54.39-$54.97 after having opened the day at $54.71 as compared to the previous trading day's close of $54.72.

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 $117.6 billion and is part of the services sector. Shares are up 5.3% year-to-date as of the close of trading on Friday. Currently there are 16 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, revenue growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. 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.

1. As of noon trading, CBS ( CBS) is down $0.49 (-0.8%) to $58.80 on light volume. Thus far, 3.6 million shares of CBS exchanged hands as compared to its average daily volume of 13.7 million shares. The stock has ranged in price between $58.79-$59.65 after having opened the day at $59.30 as compared to the previous trading day's close of $59.29.

CBS Corporation operates as a mass media company in the United States and internationally. It operates through Entertainment, Cable Networks, Publishing, Local Broadcasting segments. CBS has a market cap of $28.9 billion and is part of the services sector. Shares are down 7.0% year-to-date as of the close of trading on Friday. Currently there are 17 analysts that rate CBS a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CBS as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels, growth in earnings per share, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CBS 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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