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.
) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Comcast fell $0.79 (-1.8%) to $44.17 on average volume. Throughout the day, 10,332,192 shares of Comcast exchanged hands as compared to its average daily volume of 11,819,800 shares. The stock ranged in price between $43.97-$44.81 after having opened the day at $44.69 as compared to the previous trading day's close of $44.96. Other companies within the Media industry that declined today were:
), down 6.0%,
), down 5.9%,
Mandalay Digital Group
), down 5.5% and
), down 5.5%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $96.1 billion and is part of the services sector. Shares are up 20.8% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Comcast a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Comcast Ratings Report.
On the positive front,
), up 9.1%,
), up 8.8%,
), up 8.8% and
), up 7.5% , were all gainers within the media industry with
) being today's featured media industry leader.
- Use our media section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider
) while those bearish on the media industry could consider
- Find other investment ideas from our top rated ETFs lists.