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) -- Precision Castparts (NYSE: PCP) hit a new 52-week high Thursday as it is currently trading at $215.48, above its previous 52-week high of $215.46 with 401,132 shares traded as of 2:50 p.m. ET. Average volume has been 632,200 shares over the past 30 days. Precision Castparts has a market cap of $31.18 billion and is part of the industrial goods sector and industrial industry. Shares are up 12.4% year to date as of the close of trading on Wednesday. Precision Castparts Corp. manufactures and sells metal components and products worldwide. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, impressive record of earnings per share growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Precision Castparts Ratings Report. See all 52-week high stocks 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.