Comcast Corp (CMCSA): Today's Featured Services Laggard

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 Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 0.7%. By the end of trading, Comcast fell $0.64 (-1.6%) to $39.52 on average volume. Throughout the day, 11,857,903 shares of Comcast exchanged hands as compared to its average daily volume of 11,927,400 shares. The stock ranged in price between $39.26-$40.39 after having opened the day at $40.36 as compared to the previous trading day's close of $40.16. Other companies within the Services sector that declined today were: FreeSeas ( FREE), down 13.2%, Cosi ( COSI), down 11.9%, DLH Holdings ( DLHC), down 10.5% and UniTek Global Services ( UNTK), down 10.0%.
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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 $86.6 billion and is part of the media industry. The company has a P/E ratio of 17.2, below the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Tuesday. Currently there are 19 analysts that rate Comcast a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, WidePoint Corporation ( WYY), down 17.2%, Live Nation Entertainment ( LYV), down 16.8%, Ulta Salon Cosmetics & Fragrances ( ULTA), down 14.9% and Swisher Hygiene ( SWSH), down 9.4%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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