Lear Stock Hits New 52-Week High (LEA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (TheStreet) -- Lear Corporation (NYSE:LEA) hit a new 52-week high Friday as it is currently trading at $49.06, above its previous 52-week high of $48.82 with 109,221 shares traded as of 10:04 a.m. ET. Average volume has been 836,900 shares over the past 30 days.

Lear has a market cap of $4.61 billion and is part of the consumer goods sector and automotive industry. Shares are up 2% year to date as of the close of trading on Thursday.

Lear Corporation designs, manufactures, assembles, and supplies automotive seat systems, electrical distribution systems, and related components primarily to automotive original equipment manufacturers. It operates in two segments, Seating and Electrical Power Management Systems (EPMS). The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7.

• EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Lear as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Lear Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

For more information on Lear Corporation click any of the following:

• Lear Corporation Stock Price

• Lear Corporation Analyst Ratings

• Lear Corporation Key Stats & Profile

• Lear Corporation Earnings

• Lear Corporation Ratio Comparison

• Lear Corporation Growth Rates

• Lear Corporation Balance Sheet

• Lear Corporation Cash Flow

• Lear Corporation Income Statement