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

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) -- Wesco International (NYSE: WCC) hit a new 52-week high Tuesday as it is currently trading at $71.69, above its previous 52-week high of $70.49 with 228,010 shares traded as of 9:36 a.m. ET. Average volume has been 648,600 shares over the past 30 days.

Wesco International has a market cap of $3.03 billion and is part of the services sector and wholesale industry. Shares are up 2.9% year to date as of the close of trading on Friday.

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 15.1, below the S&P 500 P/E ratio of 17.7.

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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, growth in earnings per share, 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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