Valspar Stock Hits New 52-Week High (VAL)

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) -- Valspar Corporation (NYSE: VAL) hit a new 52-week high Friday as it is currently trading at $59.34, above its previous 52-week high of $59.33 with 294,993 shares traded as of 11:26 a.m. ET. Average volume has been 892,800 shares over the past 30 days.

Valspar has a market cap of $5.22 billion and is part of the basic materials sector and chemicals industry. Shares are up 47.5% 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.

  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

TheStreet Ratings rates Valspar as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Valspar Ratings Report.

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

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
null

If you liked this article you might like

Like Watching Paint Dry, Sherwin-Williams to Buy Valspar at Long Last

Profits and Tax Reform News Fuel Gains: Cramer's 'Mad Money' Recap (Thursday 4/20/17)

Can Sherwin-Williams Continue to Paint the Tape?

Ford, General Motors and Comcast: Jim Cramer's Views

Sherwin-Williams Close to FTC Deal