Becton Dickinson Rises On Unusually High Volume (BDX)

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) -- Becton Dickinson (NYSE: BDX) is trading at unusually high volume Thursday with 2.6 million shares changing hands. It is currently at 2.2 times its average daily volume and trading up $2.58 (+2.8%) at $96.16 as of 4:01 p.m. ET.

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Becton Dickinson has a market cap of $18.29 billion and is part of the health care sector and health services industry. Shares are up 19.7% year to date as of the close of trading on Wednesday.

Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical devices, instrument systems, and reagents worldwide. The company's BD Medical segment produces medical devices that are used in various healthcare settings. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Becton Dickinson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, expanding profit margins 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 Becton Dickinson Ratings Report.

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