Time Warner Stock Hits New 52-Week High (TWX)

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.

NEW YORK ( TheStreet) -- Time Warner (NYSE: TWX) hit a new 52-week high Thursday as it is currently trading at $57.89, above its previous 52-week high of $57.85 with 2.1 million shares traded as of 11:26 a.m. ET. Average volume has been 6.3 million shares over the past 30 days.

Time Warner has a market cap of $53.2 billion and is part of the services sector and media industry. Shares are up 18.4% year to date as of the close of trading on Wednesday.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Time Warner Ratings Report.

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