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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Comcast ( CMCSA) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 1.7%. By the end of trading, Comcast fell 59 cents (-1.6%) to $36.58 on average volume. Throughout the day, 17.1 million shares of Comcast exchanged hands as compared to its average daily volume of 12.1 million shares. The stock ranged in price between $36.04-$36.93 after having opened the day at $36.82 as compared to the previous trading day's close of $37.17. Other companies within the Media industry that declined today were: Fisher Communications ( FSCI), down 8.2%, Monster Worldwide ( MWW), down 7.8%, Point.360 ( PTSX), down 7%, and AirMedia Group ( AMCN), down 6.9%.
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Comcast Corporation provides entertainment, information, and communications products and services in the United States and internationally. The company's Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers. Comcast has a market cap of $79.31 billion and is part of the services sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are up 56.8% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Comcast a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, RLJ Entertainment ( RLJE), up 7.9%, ChinaNet Online Holdings ( CNET), up 5.8%, Time Warner ( TWX), up 4.2%, and QuinStreet ( QNST), up 4.1%, were all gainers within the media industry with News Corporation ( NWS) being today's featured media industry leader.

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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