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) -- Edwards Life (NYSE: EW) is trading at unusually high volume Thursday with 2.2 million shares changing hands. It is currently at two times its average daily volume and trading up $1.31 (+2%) at $65.91 as of 2:46 p.m. ET.
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Edwards Life has a market cap of $9.4 billion and is part of the health care sector and health services industry. Shares are down 8.2% year to date as of the close of trading on Wednesday. Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients worldwide. The company has a P/E ratio of 31, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Edwards Life as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Edwards Life Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.