CareFusion Stock Hits New 52-Week High (CFN)

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) -- CareFusion (NYSE: CFN) hit a new 52-week high Thursday as it is currently trading at $33.13, above its previous 52-week high of $32.57 with 1.3 million shares traded as of 9:36 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

CareFusion has a market cap of $7.22 billion and is part of the health care sector and health services industry. Shares are up 13.5% year to date as of the close of trading on Wednesday.

CareFusion Corporation, a medical technology company, provides various healthcare products and services in the United States and internationally. It operates in two segments, Critical Care Technologies, and Medical Technologies and Services.

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TheStreet Ratings rates CareFusion 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 expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full CareFusion Ratings Report.

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