Wesco International Stock Hits New 52-Week High (WCC)

NEW YORK ( TheStreet) -- Wesco International (NYSE: WCC) hit a new 52-week high Thursday as it is currently trading at $67.56, above its previous 52-week high of $67.34 with 342,246 shares traded as of 2:30 p.m. ET. Average volume has been 565,200 shares over the past 30 days.

Wesco International has a market cap of $2.85 billion and is part of the services sector and wholesale industry. Shares are up 25.6% year to date as of the close of trading on Wednesday.

WESCO International, Inc., a Fortune 500 company, engages in the distribution of electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials. The company has a P/E ratio of 20.1, above the average wholesale industry P/E ratio of 15.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Wesco International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Wesco International Ratings Report.

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