NEW YORK (

TheStreet

) --

Valspar Corporation

(NYSE:

VAL

) hit a new 52-week high Friday as it is currently trading at $43.23, above its previous 52-week high of $42.94 with 354,420 shares traded as of 1:50 p.m. ET. Average volume has been 767,600 shares over the past 30 days.

Valspar has a market cap of $3.91 billion and is part of the

basic materials

sector and

chemicals

industry. Shares are up 9.1% year to date as of the close of trading on Thursday.

The Valspar Corporation, together with its subsidiaries, manufactures and distributes coatings, paints, and related products worldwide.

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TheStreet Ratings rates Valspar as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Valspar Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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