Nationstar Reaches New 52-Week High (NSM)

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) -- Nationstar Mortgage Holdings (NYSE: NSM) hit a new 52-week high Tuesday as it is currently trading at $39.41, above its previous 52-week high of $39.40 with 1.7 million shares traded as of 2:15 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Nationstar has a market cap of $3 billion and is part of the financial sector and real estate industry. Shares are up 7.3% year to date as of the close of trading on Monday.

National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and sub-systems. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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

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

Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

Top 7 Financial Stocks to Own for 2017

Citi's Focus on New Mortgages Spurs $982 Million Sale of Servicing Rights

Don't Roll the Dice on Central Bank News

Strong On High Volume: Nationstar Mortgage Holdings (NSM)