Comcast Reaches New 52-Week High (CMCSA)

NEW YORK ( TheStreet) -- Comcast (Nasdaq: CMCSA) hit a new 52-week high Tuesday as it is currently trading at $50.07, above its previous 52-week high of $49.95 with 701,902 shares traded as of 9:50 a.m. ET. Average volume has been 10.1 million shares over the past 30 days.

Comcast has a market cap of $105.78 billion and is part of the services sector and media industry. Shares are up 32.5% year to date as of the close of trading on Monday.

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. The company has a P/E ratio of 20.6, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Comcast Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Comcast Dodges Big Social, Moves Watchable In-House

A Sprint/T-Mobile Deal Still Faces Big Hurdles, Especially for Sprint

'The Handmaid's Tale' Emmy Win Is Really Big for Netflix

Disney Gets Bullish Report Aimed at Drowning Out Naysayers

You Are Forgetting This Commonsense Investing Wisdom