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 Friday as it is currently trading at $34.68, above its previous 52-week high of $34.65 with 690,270 shares traded as of 3:10 p.m. ET. Average volume has been 1.6 million shares over the past 30 days.

CareFusion has a market cap of $7.61 billion and is part of the health care sector and health services industry. Shares are up 19.6% year to date as of the close of trading on Thursday.

CareFusion Corporation provides various healthcare products and services in the United States and internationally. It operates in two segments, Medical Systems and Procedural Solutions.

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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, increase 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 weak operating cash flow. You can view the full CareFusion Ratings Report.

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