Home Entertainment Continues to Win During the Weak Economy

The Digital Home Entertainment Group released its Third Quarter Home Entertainment Report. Key highlights were an increase in home entertainment spending by 5% and an increase in the number of Blu-ray homes by 52% over previous year. Significantly, the rise in home entertainment spending is the first since Q1 of 2008 when the recession was setting in.

“The third quarter 2011 results mark the continued stabilization of the industry, underscored by significant gains in Blu-ray Disc and solid increases in electronic sell-through (EST) spending. This growth reflects an encouraging shift in the marketplace as we head into the all-important fourth quarter,” said the report.

Investing Insights: Here’s Why Investors Should Not Compare Coinstar to Netflix.

The report cited other promising trends in Q3 that signified an “ongoing healthy consumer appetite for home entertainment products.” Among the bright spots was the fact that 5.5 million HDTVs were sold to U.S. consumers in Q3, with HDTV penetration rising to 69.5 million households.

Here are a few stocks with heavy exposure to home entertainment:

  • Netflix, Inc. (NASDAQ:NFLX): The shares recently traded at $80.61, down $1.47, or 1.79%. Its market capitalization is $4.23 billion. They have traded in a 52-week range of $74.25 to $304.79. Volume today was 3,533,807 shares versus a 3-month average volume of 8,815,950 shares. The company’s trailing P/E is 18.32, while trailing earnings are $4.40 per share. About the company: Netflix Inc. is an online movie rental service. The Company ships DVDs with no due dates or late fees, directly to the subscriber’s address. Netflix also provides background information on DVD releases, including critic reviews, member reviews and ratings, and personalized movie recommendations. Get the most recent company news and stock data here >>
  • Amazon.com Inc. (NASDAQ:AMZN): The shares recently traded at $212.65, down $0.86, or 0.4%. Its market capitalization is $96.70 billion. They have traded in a 52-week range of $156.77 to $246.71. Volume today was 5,195,118 shares versus a 3-month average volume of 7,046,650 shares. The company’s trailing P/E is 112.10, while trailing earnings are $1.90 per share. About the company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers. Get the most recent company news and stock data here >>
  • Dish Network Corp. (NASDAQ:DISH): The shares recently traded at $24.00, down $0.17, or 0.7%. Its market capitalization is $10.71 billion. They have traded in a 52-week range of $17.95 to $32.56. Volume today was 2,318,918 shares versus a 3-month average volume of 3,300,320 shares. The company’s trailing P/E is 7.76, while trailing earnings are $3.09 per share. About the company: DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States. Get the most recent company news and stock data here >>
  • DIRECTV (NASDAQ:DTV): The shares recently traded at $45.23, down $0.23, or 0.51%. Its market capitalization is $33.39 billion. They have traded in a 52-week range of $39.12 to $53.40. Volume today was 4,756,575 shares versus a 3-month average volume of 7,433,940 shares. The company’s trailing P/E is 14.91, while trailing earnings are $3.03 per share. About the company: DIRECTV provides digital television entertainment in the United States and Latin America. The Company acquires, promotes, sells and distributes digital entertainment programming via satellite to residential and commercial subscribers. Get the most recent company news and stock data here >>
  • Apple Inc. (NASDAQ:AAPL): The shares recently traded at $397.76, down $7.02, or 1.73%. Its market capitalization is $369.63 billion. They have traded in a 52-week range of $297.76 to $426.70. Volume today was 13,839,515 shares versus a 3-month average volume of 22,810,200 shares. The company’s trailing P/E is 14.37, while trailing earnings are $27.68 per share. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Get the most recent company news and stock data here >>
  • Time Warner Cable Inc. (NYSE:TWC): The shares recently traded at $63.95, up $0.26, or 0.41%. Its market capitalization is $20.41 billion. They have traded in a 52-week range of $57.19 to $80.86. Volume today was 2,833,268 shares versus a 3-month average volume of 2,662,140 shares. The company’s trailing P/E is 14.77, while trailing earnings are $4.33 per share. The company pays a dividend of $1.92 per share for a dividend yield of 3.10%. About the company: Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services. Get the most recent company news and stock data here >>