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 0.8%. By the end of trading, Time Warner Cable rose $1.03 (1.1%) to $92.31 on light volume. Throughout the day, 1,836,389 shares of Time Warner Cable exchanged hands as compared to its average daily volume of 3,080,000 shares. The stock ranged in a price between $91.28-$92.53 after having opened the day at $91.60 as compared to the previous trading day's close of $91.28. Other companies within the Media industry that increased today were: Radio One ( ROIAK), up 9.6%, Gray Television ( GTN), up 9.2%, Gray Television ( GTN.A), up 7.8% and National CineMedia ( NCMI), up 7.2%.
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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 $26.6 billion and is part of the services sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Friday.

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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Inuvo ( INUV), down 4.9%, Noah Education Holdings ( NED), down 4.2%, Rentrak Corporation ( RENT), down 2.6% and Monster Worldwide ( MWW), down 2.6%.

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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