NEW YORK (

TheStreet

) --

Anixter International

(NYSE:

AXE

) hit a new 52-week high Tuesday as it is currently trading at $74.71, above its previous 52-week high of $73.92 with 40,066 shares traded as of 9:35 a.m. ET. Average volume has been 292,800 shares over the past 30 days.

Anixter International has a market cap of $2.5 billion and is part of the

services

sector and

wholesale

industry. Shares are up 19.3% year to date as of the close of trading on Monday.

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Anixter International Inc., together with its subsidiaries, distributes communications products, specialty wire and cable products, fasteners, and small parts. The company has a P/E ratio of 24, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 16.7.

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TheStreet Ratings rates Anixter International as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Anixter International Ratings Report

.

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