Precision Castparts Reaches New 52-Week High (PCP)

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) -- Precision Castparts (NYSE: PCP) hit a new 52-week high Monday as it is currently trading at $179.91, above its previous 52-week high of $179.47 with 197,472 shares traded as of 9:36 a.m. ET. Average volume has been 646,200 shares over the past 30 days.

Precision Castparts has a market cap of $24.74 billion and is part of the industrial goods sector and industrial industry. Shares are up 3.3% year to date as of the close of trading on Friday.

Precision Castparts Corp. manufactures and sells metal components and products worldwide. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Precision Castparts Ratings Report.

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