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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Comcast ( CMCSA) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Comcast fell $0.75 (-1.5%) to $49.12 on average volume. Throughout the day, 11,185,982 shares of Comcast exchanged hands as compared to its average daily volume of 10,212,300 shares. The stock ranged in price between $49.07-$49.90 after having opened the day at $49.82 as compared to the previous trading day's close of $49.87. Other companies within the Media industry that declined today were: YuMe ( YUME), down 11.1%, Dex Media ( DXM), down 8.3%, Rocket Fuel ( FUEL), down 7.1% and Journal Communications ( JRN), down 6.1%.

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 $106.3 billion and is part of the services sector. The company has a P/E ratio of 20.7, above the S&P 500 P/E ratio of 17.7. Shares are up 33.2% year to date as of the close of trading on Friday. Currently there are 22 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, good cash flow from operations, 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.

On the positive front, Clear Channel Outdoor Holdings ( CCO), up 15.2%, Dolan ( DM), up 8.6%, Inuvo ( INUV), up 7.5% and NTN Buzztime ( NTN), up 7.0% , were all gainers within the media industry with Directv ( DTV) being today's featured media industry leader.

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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