Time Warner Cable Inc (TWC): Today's Featured Media Winner

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.

Time Warner Cable ( TWC) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 0.6%. By the end of trading, Time Warner Cable rose $1.06 (1.2%) to $88.85 on average volume. Throughout the day, 2.9 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in a price between $87.11-$88.86 after having opened the day at $88 as compared to the previous trading day's close of $87.79. Other companies within the Media industry that increased today were: Gray Television ( GTN), up 6.1%, Central European Media ( CETV), up 4.9%, Entercom Communications Corporation ( ETM), up 4.7%, and Emmis Communications ( EMMS), up 4%.
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Time Warner Cable Inc., together with its subsidiaries, operates as a cable operator in the United States. It offers video, high-speed data, and voice services over its broadband cable systems to residential and business service customers. Time Warner Cable has a market cap of $26.58 billion and is part of the services sector. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are down 9.7% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Time Warner Cable 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, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Promotora de Informaciones SA/FI ADR ( PRIS), down 5.2%, Point.360 ( PTSX), down 3.7%, Bona Film Group ( BONA), down 3.1%, and McGraw-Hill Companies Incorporated ( MHP), down 2.6%, were all laggards within the media industry with Cablevision Systems ( CVC) being today's media industry laggard.

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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