3. As of noon trading, CBS Corporation ( CBS) is down $0.39 (-0.8%) to $51.14 on light volume Thus far, 2.0 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $51.04-$51.53 after having opened the day at $51.44 as compared to the previous trading day's close of $51.53. CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. CBS Corporation has a market cap of $28.4 billion and is part of the media industry. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 35.4% year to date as of the close of trading on Friday. TheStreet Ratings rates CBS Corporation 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, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full CBS Corporation Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.