Comcast Corp (CMCSA): Today's Featured Media 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 Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 2.4%. By the end of trading, Comcast fell $1.30 (-3.2%) to $38.91 on average volume. Throughout the day, 14,997,969 shares of Comcast exchanged hands as compared to its average daily volume of 11,786,500 shares. The stock ranged in price between $38.75-$39.79 after having opened the day at $39.79 as compared to the previous trading day's close of $40.21. Other companies within the Media industry that declined today were: Ku6 Media ( KUTV), down 13.8%, Lee ( LEE), down 8.6%, Net Servicos De Comunicacao ( NETC), down 7.6% and LIN TV Corporation ( TVL), down 6.6%.
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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 $86.0 billion and is part of the services sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Wednesday. 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, Mandalay Digital Group ( MNDL), down 4.0%, Mandalay Digital Group ( MNDLD), down 4.0%, Bona Film Group ( BONA), down 2.3% and Point.360 ( PTSX), down 2.0%.

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).

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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