3 Stocks Advancing The Media Industry

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 20 points (0.1%) at 17,644 as of Tuesday, March 22, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,396 issues advancing vs. 1,484 declining with 190 unchanged.

The Media industry currently sits down 0.5% versus the S&P 500, which is unchanged. A company within the industry that fell today was Netflix ( NFLX), up 1.1%.

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

3. Dominion Midstream Partners ( DM) is one of the companies pushing the Media industry higher today. As of noon trading, Dominion Midstream Partners is up $1.56 (4.8%) to $34.40 on light volume. Thus far, 14,463 shares of Dominion Midstream Partners exchanged hands as compared to its average daily volume of 169,100 shares. The stock has ranged in price between $32.98-$34.44 after having opened the day at $32.98 as compared to the previous trading day's close of $32.84.

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Dominion Midstream Partners, LP owns liquefied natural gas (LNG) import, storage, regasification, and transportation assets. Dominion Midstream Partners has a market cap of $2.7 billion and is part of the basic materials sector. Shares are up 7.1% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Dominion Midstream Partners a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Dominion Midstream Partners as a sell. The area that we feel has been the company's primary weakness has been its generally disappointing historical performance in the stock itself. Get the full Dominion Midstream Partners Ratings Report now.

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2. As of noon trading, Liberty Media Corporation ( LMCK) is up $0.32 (0.9%) to $37.51 on average volume. Thus far, 514,488 shares of Liberty Media Corporation exchanged hands as compared to its average daily volume of 995,600 shares. The stock has ranged in price between $36.88-$37.58 after having opened the day at $37.07 as compared to the previous trading day's close of $37.19.

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Liberty Media Corporation, through its subsidiaries, engages in the media and entertainment businesses primarily in North America. Liberty Media Corporation has a market cap of $12.5 billion and is part of the services sector. Shares are down 2.3% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Liberty Media Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Liberty Media Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Liberty Media Corporation Ratings Report now.

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1. As of noon trading, Time Warner ( TWX) is up $0.85 (1.2%) to $72.99 on light volume. Thus far, 2.7 million shares of Time Warner exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $72.05-$73.11 after having opened the day at $72.08 as compared to the previous trading day's close of $72.14.

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Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. Time Warner has a market cap of $57.2 billion and is part of the services sector. Shares are up 11.6% year-to-date as of the close of trading on Monday. Currently there are 14 analysts who rate Time Warner a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, attractive valuation levels and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Time Warner Ratings Report now.

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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).