3. As of noon trading, Time Warner ( TWX) is down $0.54 (-1.2%) to $42.82 on light volume Thus far, 4.1 million shares of Time Warner exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $42.61-$43.29 after having opened the day at $43.01 as compared to the previous trading day's close of $43.36. Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Film and TV Entertainment, and Publishing. Time Warner has a market cap of $41.6 billion and is part of the media industry. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are up 21.2% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Time Warner a buy, no analysts rate it a sell, and 10 rate it a hold. TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Time Warner Ratings Report now.