NEW YORK (TheStreet) -- Comcast (CMCSA) shares are up 0.94% to $61.08 in afternoon trading on Monday as the company continues to benefit from the record setting box office take of its summer blockbuster Jurassic World.
The film broke box office records last week on its way to making $208.8 million in its opening weekend while pulling in an additional $315.6 million in foreign markets for a grand total of $524 million in its opening weekend.
This past weekend the film was able to maintain its top spot domestically, bringing in an additional $102 million in the U.S.
During its two weekend run, the film, which debuted March 12, has made approximately $981 million worldwide, putting it on pace to break the record for quickest film to top the $1 billion mark held by Fast 7, which accomplished the feat in 17 days this past April.
Rounding out the top five films from the weekend are Pixar's Inside Out ($91 million and Pixar's second largest opening ever behind Toy Story 3), 20th Century Fox (FOXA) Spy ($10.5 million), Warner Bros (TWX) San Andreas ($8.2 million) and Open Road Film's Dope ($6 million).
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."