Wesco International Reaches New 52-Week High (WCC)

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) -- Wesco International (NYSE: WCC) hit a new 52-week high Monday as it is currently trading at $78, above its previous 52-week high of $77.97 with 9,052 shares traded as of 9:40 a.m. ET. Average volume has been 744,400 shares over the past 30 days.

Wesco International has a market cap of $3.34 billion and is part of the services sector and wholesale industry. Shares are up 15.2% year to date as of the close of trading on Friday.

WESCO International, Inc. engages in the distribution of electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials. It also provides supply chain management and logistics services. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Wesco International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Wesco International Ratings Report.

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