Why Comcast (CMCSA) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of Comcast Corp. (CMCSA) are up 2.27% to $55.04 at the market open on Tuesday, after the company reported an increase in earnings per share for the 2014 second quarter to 76 cents from 65 cents from the same period last year.

For the most recent quarter, Comcast's revenue was up 3.5% to $16.8 billion from $16.2 billion for the 2013 second quarter.

Must Read: Warren Buffett's 25 Favorite Stocks

Separately, TheStreet Ratings team rates COMCAST CORP as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate COMCAST CORP (CMCSA) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins."

CMCSA Chart CMCSA data by YCharts

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