NEW YORK (

TheStreet

) --

Time Warner Cable

(NYSE:

TWC

) hit a new 52-week high Friday as it is currently trading at $129.12, above its previous 52-week high of $128.17 with 1.7 million shares traded as of 9:50 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.

Time Warner Cable has a market cap of $33.84 billion and is part of the services sector and media industry. Shares are up 24.4% year to date as of the close of trading on Thursday.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services to residential and business service customers over its broadband cable systems in the United States. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates

Time Warner Cable

TST Recommends

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Time Warner Cable Ratings Report

.

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52-week high stocks

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