NEW YORK (

TheStreet

) --

Waters Corporation

(NYSE:

WAT

) is trading at unusually high volume Tuesday with 3.4 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $6.27 (+8%) at $85.03 as of 3:50 p.m. ET.

Waters has a market cap of $6.99 billion and is part of the

health care

sector and

health services

industry. Shares are up 6.4% year to date as of the close of trading on Monday.

Waters Corporation operates as an analytical instrument manufacturer primarily in the United States, Europe, Japan, and Asia. The company has a P/E ratio of 17.2, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Waters as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Waters Ratings Report

.

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