Skip to main content

NEW YORK (

TheStreet

) --

Comcast Corporation

(Nasdaq:

CMCSA

) hit a new 52-week high Thursday as it is currently trading at $26.04, above its previous 52-week high of $25.91 with 2.2 million shares traded as of 10:06 a.m. ET. Average volume has been 15.3 million shares over the past 30 days.

Comcast has a market cap of $53.2 billion and is part of the

services

sector and

media

industry. Shares are up 17.6% year to date as of the close of trading on Wednesday.

TheStreet Recommends

Comcast Corporation, together with its subsidiaries, provides consumer entertainment, information, and communication products and services to the residential and commercial customers in the United States. The company operates in two segments, Cable and Programming. The company has a P/E ratio of 19.8, equal to the average media industry P/E ratio and above the S&P 500 P/E ratio of 16.9.

  • Practice your CMCSA trading strategies and win cash in our stock game.

TheStreet Ratings rates Comcast as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Comcast Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null