NEW YORK (TheStreet) -- Comcast (CMCSA) shares are up 0.15% to $58.35 in afternoon trading on Monday, swinging to positive territory after spending most of the day in the red despite the strong showing from its 'Jurassic World' film at the weekend box office.
The Universal Pictures produced movie brought in over $500 million worldwide during its debut weekend and while initial numbers had it coming in number two behind Disney's (DIS) 'Marvel's The Avengers' on the all time opening weekend revenue chart, the final tally has Jurassic World coming out on top.
The film starring Chris Pratt made $209 million between Friday and Sunday, topping The Avengers $207.4 million take in 2012.
The film's international box office of $315.6 million also takes the number one spot away from 'Harry Potter and the Deathly Hallows, Part 2' which brought in $314 million worldwide in 2011.
TheStreet has further coverage of the film's performance here.
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 notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins."