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 up 0.5%. By the end of trading, Comcast fell $2.28 (-4.1%) to $52.96 on heavy volume. Throughout the day, 82,928,610 shares of Comcast exchanged hands as compared to its average daily volume of 10,818,900 shares. The stock ranged in price between $52.77-$54.29 after having opened the day at $53.52 as compared to the previous trading day's close of $55.24. Other companies within the Media industry that declined today were: Charter Communications ( CHTR), down 6.3%, Rocket Fuel ( FUEL), down 5.6%, Discovery Communications ( DISCA), down 4.3% and Emmis Communications ( EMMS), down 4.2%.

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 $117.5 billion and is part of the services sector. Shares are up 6.3% year to date as of the close of trading on Wednesday. Currently there are 24 analysts that rate Comcast a buy, no analysts rate it a sell, and 3 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, growth in earnings per share, increase in net income, 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 shows weak operating cash flow.

On the positive front, Point.360 ( PTSX), up 8.3%, McClatchy Company ( MNI), up 7.9%, A.H. Belo Corporation ( AHC), up 6.5% and CBS Corporation ( CBS.A), up 4.8% , were all gainers within the media industry with Time Warner Cable ( TWC) 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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