Today's Top Performers In Media

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 112 points (-0.6%) at 17,638 as of Wednesday, May 4, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,014 issues advancing vs. 1,910 declining with 149 unchanged. The Media industry currently sits down 0.5% versus the S&P 500, which is down 0.6%. A company within the industry that increased today was CBS ( CBS.A), up 2.5%. On the negative front, top decliners within the industry include Grupo Televisa SAB ( TV), down 2.2%, Liberty Media ( LSXMA), down 1.3% and Liberty Global ( LBTYK), down 0.8%. TheStreet would like to highlight 3 stocks pushing the industry higher today: 3. Cablevision Systems ( CVC) is one of the companies pushing the Media industry higher today. As of noon trading, Cablevision Systems is up $0.58 (1.7%) to $34.40 on heavy volume. Thus far, 4.4 million shares of Cablevision Systems exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $34.29-$34.50 after having opened the day at $34.35 as compared to the previous trading day's close of $33.83. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. Cablevision Systems Corporation, together with its subsidiaries, owns and operates cable systems in the United States. The company operates through three segments: Cable, Lightpath, and Other. Cablevision Systems has a market cap of $9.3 billion and is part of the services sector. Shares are up 6.0% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Cablevision Systems a buy, 1 analyst rates it a sell, and 6 rate it a hold. TheStreet Ratings rates Cablevision Systems as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and feeble growth in the company's earnings per share. Get the full Cablevision Systems Ratings Report now. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, CBS ( CBS) is up $0.68 (1.2%) to $56.34 on heavy volume. Thus far, 6.7 million shares of CBS exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $55.83-$57.59 after having opened the day at $57.01 as compared to the previous trading day's close of $55.66. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. CBS Corporation operates as a mass media company worldwide. The company operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. CBS has a market cap of $26.0 billion and is part of the services sector. Shares are up 18.1% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts who rate CBS a buy, no analysts rate it a sell, and 4 rate it a hold. TheStreet Ratings rates CBS as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full CBS Ratings Report now. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, Time Warner ( TWX) is up $1.06 (1.4%) to $74.70 on heavy volume. Thus far, 4.3 million shares of Time Warner exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $74.63-$77.28 after having opened the day at $77.00 as compared to the previous trading day's close of $73.64. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. 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 $59.5 billion and is part of the services sector. Shares are up 13.9% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts who rate Time Warner a buy, no analysts rate it a sell, and 8 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. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. 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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