Comcast Corp (CMCSA): 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.

Comcast ( CMCSA) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 0.9%. By the end of trading, Comcast rose 46 cents (1.2%) to $40.15 on light volume. Throughout the day, 9.2 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 $39.45-$40.33 after having opened the day at $39.77 as compared to the previous trading day's close of $39.69. Other companies within the Media industry that increased today were: Ku6 Media ( KUTV), up 18.1%, ChinaNet Online Holdings ( CNET), up 10.5%, McClatchy Company ( MNI), up 5.7%, and Beasley Broadcast Group ( BBGI), up 4.7%.
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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 $83.64 billion and is part of the services sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Tuesday. Currently there are 16 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, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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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