Comcast Corp (CMCSK): Today's Featured Services 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 ( CMCSK) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Comcast fell 42 cents (-1.2%) to $35.36 on heavy volume. Throughout the day, 8.1 million shares of Comcast exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in price between $35.21-$35.70 after having opened the day at $35.60 as compared to the previous trading day's close of $35.78. Other companies within the Services sector that declined today were: YOU On Demand Holdings ( YOD), down 23%, Best Buy ( BBY), down 14.7%, Fortune Industries ( FFI), down 13.8%, and InfoSonics Corporation ( IFON), down 12.5%.
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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 $19.13 billion and is part of the media industry. The company has a P/E ratio of 26.4, above the S&P 500 P/E ratio of 17.7. Shares are up 51.9% year to date as of the close of trading on Thursday. Currently there is one analyst that rates Comcast a buy, no analysts rate it a sell, and none 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, Coast Distribution System ( CRV), up 18.2%, Empire Resorts ( NYNY), up 15.6%, Quad/Graphics Inc. Class A ( QUAD), up 14.4%, and Globus Maritime ( GLBS), up 11.5%, were all gainers within the services sector with Marriott International ( MAR) being today's featured services sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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