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

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 higher today making it today's featured media winner. The industry as a whole closed the day up 1.6%. By the end of trading, Comcast rose $1.22 (2.5%) to $50.27 on average volume. Throughout the day, 11,949,829 shares of Comcast exchanged hands as compared to its average daily volume of 10,190,100 shares. The stock ranged in a price between $48.70-$50.30 after having opened the day at $49.26 as compared to the previous trading day's close of $49.05. Other companies within the Media industry that increased today were: Valassis Communications ( VCI), up 22.3%, VisionChina Media ( VISN), up 16.7%, Liberty Media Corp Class B ( LVNTB), up 10.3% and Millennial Media ( MM), up 8.4%.

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 $105.2 billion and is part of the services sector. The company has a P/E ratio of 20.5, above the S&P 500 P/E ratio of 17.7. Shares are up 31.8% year to date as of the close of trading on Tuesday. Currently there are 21 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 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 negative front, Martha Stewart Living Omnimedia ( MSO), down 7.2%, Point.360 ( PTSX), down 5.2%, Inuvo ( INUV), down 2.8% and Value Line ( VALU), down 2.6%.

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).

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