Waters Stock Hits New 52-Week High (WAT)

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) -- Waters Corporation (NYSE: WAT) hit a new 52-week high Tuesday as it is currently trading at $94.51, above its previous 52-week high of $94.47 with 10,270 shares traded as of 9:34 a.m. ET. Average volume has been 479,900 shares over the past 30 days.

Waters has a market cap of $8.05 billion and is part of the technology sector and electronics industry. Shares are up 7.6% year to date as of the close of trading on Monday.

Waters Corporation operates as an analytical instrument manufacturer primarily in the United States, Europe, Japan, and Asia. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Waters as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Waters Ratings Report.

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