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 down 0.6%. By the end of trading, Comcast rose $0.56 (1.4%) to $41.86 on average volume. Throughout the day, 13,123,207 shares of Comcast exchanged hands as compared to its average daily volume of 14,028,400 shares. The stock ranged in a price between $41.66-$42.47 after having opened the day at $41.98 as compared to the previous trading day's close of $41.30. Other companies within the Media industry that increased today were: Liberty Media Corporation ( LMCAD), up 7.7%, Liberty Media Corporation ( LMCA), up 7.7%, Outdoors Channel Holdings ( OUTD), up 7.7% and Dreamworks Animation SKG ( DWA), up 7.3%.
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Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $88.2 billion and is part of the services sector. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7. Shares are up 11.1% 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 4 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 attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Central European Media ( CETV), down 10.3%, Point.360 ( PTSX), down 8.7%, NTN Buzztime ( NTN), down 8.3% and Beasley Broadcast Group ( BBGI), down 7.8% , were all laggards within the media industry with Gannett ( GCI) 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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