- 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.
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) -- Lear Corporation (NYSE: LEA) hit a new 52-week high Wednesday as it is currently trading at $50.58, above its previous 52-week high of $50.51 with 785,672 shares traded as of 2:15 p.m. ET. Average volume has been 861,400 shares over the past 30 days. Lear has a market cap of $4.78 billion and is part of the consumer goods sector and automotive industry. Shares are up 5.3% year to date as of the close of trading on Tuesday. Lear Corporation designs, manufactures, assembles, and supplies automotive seat systems, electrical distribution systems, and related components primarily to automotive original equipment manufacturers. It operates in two segments, Seating and Electrical Power Management Systems (EPMS). The company has a P/E ratio of nine, below the S&P 500 P/E ratio of 17.7.