Regardless of how many hits the media industry gets, it seems to bounce back. The industry is showing positive signs of growth and seems to be running on the fast track. As the stock exchange continues to show volatility in some areas, the media industry seems to be in a class of its own and is weathering every storm that comes its way.
Some stocks that help the media industry perform exceptionally well are:
Sirius XM Holdings (SIRI, Financial)
As a satellite radio company serving residents living in the U.S., Sirius XM Holdings is outperforming other stocks on the exchange, making it one of the biggest performers. Midday trading saw the stock moving up 5 cents (1.4%) and reaching $3.65. So far, 12.1 million shares exchanged hands. The daily volume traded is usually to the tune of 32.8 million shares. In the previous day’s trading, Sirius XM opened at $3.60; the next trading day it traded at $3.61. Price range for this stock is $3.61 to $3.66.
The market cap for the company is $18.4 billion and shows great perseverance as it serves in the services sector. As trading closed on Wednesday, the price of shares went down 11.6%. This is in no way saying the stock is not performing in a positive light. So far, though, eight analysts rated the stock a buy while five others rated it a holding stock.
Charter Communications (CHTR, Financial)
Charter Communications rose $4.00 (2.3%) to a total of $179.79 on a heavy trading day; 1.5 million company shares changed hands as the daily volume remained at 1.8 million shares. The range price of Charter Communications stock is $177.03 to $180.50 and started the day at $178.39. The price was standing at $175.79 when trading closed.
The company has a group of subsidiaries that provide communications solutions, entertainment and information to people living in the U.S. Their market-cap range is at $19.6 billion, and the company functions as a service provider. Shares took a dive on Wednesday when they went down 4.0% year to year. So far, six analysts are rating the company a buy while six rated it as a hold. In comparison to the Standard & Poor's 500 in the previous year, Charter Communications is a strong performing company that needs room to grow.
Time Warner Cable (TWC, Financial)
Trading at noon saw Time Warner Cable climbing $2.42 (1.3%) to $192.28 on average volume. So far, already 1.0 million shares ended up changing hands comparing to 1.7 million shares in an average daily volume. The price range for this stock stands at $189.86 to $196.60. Trading opened at $190.47 in comparison to $189.86 when it closed the day before.
Time Warner Cable was rated as a buy by six analysts while another 10 placed a hold rating on it and one analyst put it as a sell stock. The company has a reputation for having great cash flows, strong revenue growth, a growing profit margin and solid equity return.
Media publishing
For some publishers on the Internet, the media industry plays a very important role in the digital print niche. Media are working as driving forces in bringing customers to their sites. In California, San Diego Seo is acting as a vital part of the digital media industry there.
Apart from driving traffic, media are helping businesses in a number of other ways. One way they are helping businesses grow is by enabling them to prove their credibility. Another role media play is giving business owners the benefit of using the best ROIs in getting their advertising needs met. In addition, they allow owners of business sites to have insight into the type of customers they attract.
While the media industry stocks continue to show great signs of continued growth, more investors are taking stock of the niche’s performance and are showing confidence in it. So far, the industry is showing strong signs of not letting up and is heading towards stronger profit margin growth.
