Today's Stocks Driving Success For 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 68 points (-0.4%) at 17,105 as of Tuesday, Sept. 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,162 issues advancing vs. 1,797 declining with 186 unchanged.

The Media industry currently sits down 0.6% versus the S&P 500, which is down 0.2%.

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 $0.02 (0.7%) to $3.54 on heavy volume. Thus far, 30.9 million shares of Sirius XM Holdings exchanged hands as compared to its average daily volume of 40.7 million shares. The stock has ranged in price between $3.48-$3.58 after having opened the day at $3.49 as compared to the previous trading day's close of $3.52.

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

Sirius XM Holdings Inc. provides satellite radio services in the United States and Canada. Sirius XM Holdings has a market cap of $20.2 billion and is part of the services sector. Shares are up 0.9% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Sirius XM Holdings a buy, no analysts rate it a sell, and 2 rate 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, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Sirius XM Holdings 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, CBS ( CBS) is up $0.73 (1.3%) to $55.35 on light volume. Thus far, 4.9 million shares of CBS exchanged hands as compared to its average daily volume of 13.5 million shares. The stock has ranged in price between $54.32-$55.44 after having opened the day at $54.79 as compared to the previous trading day's close of $54.62.

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

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 $27.3 billion and is part of the services sector. Shares are down 14.3% year-to-date as of the close of trading on Monday. Currently there are 16 analysts who 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, largely solid financial position with reasonable debt levels by most measures 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 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.

1. As of noon trading, Netflix ( NFLX) is up $3.96 (0.9%) to $446.74 on average volume. Thus far, 917,075 shares of Netflix exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $440.50-$448.01 after having opened the day at $441.23 as compared to the previous trading day's close of $442.78.

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

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 $27.5 billion and is part of the services sector. Shares are up 20.3% year-to-date as of the close of trading on Monday. Currently there are 16 analysts who rate Netflix a buy, 3 analysts rate it a sell, and 11 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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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