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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) -- St Jude Medical (NYSE: STJ) hit a new 52-week high Friday as it is currently trading at $43.86, above its previous 52-week high of $43.76 with 470,390 shares traded as of 10:15 a.m. ET. Average volume has been 2.5 million shares over the past 30 days. St Jude Medical has a market cap of $12.02 billion and is part of the health care sector and health services industry. Shares are up 19.3% year to date as of the close of trading on Thursday. St. Jude Medical, Inc. develops, manufactures, and distributes cardiovascular and implantable neurostimulation medical devices worldwide. It operates in two divisions, Cardiovascular and Ablation Technologies, and Implantable Electronic Systems. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7.