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 down 0.3%. By the end of trading, Time Warner Cable rose $1.20 (1.3%) to $93.43 on average volume. Throughout the day, 3.1 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in a price between $90.42-$93.61 after having opened the day at $91.08 as compared to the previous trading day's close of $92.23. Other companies within the Media industry that increased today were: Dex One ( DEXO), up 11.4%, Charter Communications ( CHTR), up 8.8%, Digital Cinema Destinations Corp Class A ( DCIN), up 8.1%, and Salem Communications Corporation ( SALM), up 6.6%.
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Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services to residential and business service customers over its broadband cable systems in the United States. Time Warner Cable has a market cap of $27.14 billion and is part of the services sector. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7. Shares are down 5.1% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and seven 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 revenue growth, notable return on equity, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, ChinaNet Online Holdings ( CNET), down 11.8%, Millennial Media ( MM), down 7.3%, NTN Buzztime ( NTN), down 5.6%, and YOU On Demand Holdings ( YOD), down 5%, were all laggards within the media industry with Walt Disney ( DIS) 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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