Time Warner Cable Inc (TWC): Today's Featured Media Winner - TheStreet

Time Warner Cable

(

TWC

) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 1.4%. By the end of trading, Time Warner Cable rose $1.62 (2.1%) to $80 on average volume. Throughout the day, 2.2 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $78.49-$80.62 after having opened the day at $78.49 as compared to the previous trading day's close of $78.38. Other companies within the Media industry that increased today were:

Dial Global

(

DIAL

), up 9.7%,

Media General

(

MEG

), up 9.1%,

AirMedia Group

(

AMCN

), up 8.5%, and

Martha Stewart Living Omnimedia

(

MSO

), up 8.2%.

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Time Warner Cable Inc., together with its subsidiaries, operates as a cable operator in the United States. It offers video, high-speed data, and voice services over its broadband cable systems to residential and business service customers. Time Warner Cable has a market cap of $24.05 billion and is part of the

services

sector. The company has a P/E ratio of 14.7, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 23.3% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Time Warner Cable as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front,

Lee

(

LEE

), down 8.9%,

Dolan

(

DM

), down 5.7%,

KIT Digital

(

KITD

), down 3.3%, and

Radio One

(

ROIAK

), down 2.6%, were all losers within the media industry with

Meredith Corporation

(

MDP

) being today's media industry loser.

For investors not wanting singular stock exposure, 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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