Comcast Corp (CMCSA): Today's Featured Media Winner

Comcast ( CMCSA) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 0.5%. By the end of trading, Comcast rose 18 cents (0.6%) to $29.63 on average volume. Throughout the day, 12.3 million shares of Comcast exchanged hands as compared to its average daily volume of 13.6 million shares. The stock ranged in a price between $29.12-$29.79 after having opened the day at $29.25 as compared to the previous trading day's close of $29.45. Other companies within the Media industry that increased today were: Peoples Educational Holdings ( PEDH), up 20%, Spanish Broadcasting System ( SBSA), up 8.6%, Beasley Broadcast Group ( BBGI), up 7.7%, and Courier Corporation ( CRRC), up 6.8%.

Comcast Corporation provides entertainment, information, and communications products and services in the United States and internationally. The company's Cable Communications segment provides video, high-speed Internet, and voice services to residential and business customers. Comcast has a market cap of $64.05 billion and is part of the services sector. The company has a P/E ratio of 18.7, below the average media industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 24.2% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Comcast a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, ChinaNet Online Holdings ( CNET), down 13.6%, Digital Domain Media Group ( DDMG), down 7.3%, Ku6 Media ( KUTV), down 6.4%, and Seven Arts Entertainment ( SAPX), down 6%, were all losers within the media industry with DIRECTV ( DTV) 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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