Waters Reaches New 52-Week High (WAT)

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) -- Waters Corporation (NYSE: WAT) hit a new 52-week high Monday as it is currently trading at $99.68, above its previous 52-week high of $99.66 with 7,788 shares traded as of 9:45 a.m. ET. Average volume has been 493,100 shares over the past 30 days.

Waters has a market cap of $8.48 billion and is part of the health care sector and health services industry. Shares are up 13.2% year to date as of the close of trading on Friday.

Waters Corporation operates as an analytical instrument manufacturer in the United States and internationally. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Waters as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Waters Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

PerkinElmer Among Targets Fitting Thermo Fisher's M&A Criteria

Waters Shares Are Heating Up -- Buy the Breakout

Electronics Stocks On The Rise With Help From 3 Stocks

Waters (WAT) Reaches New Lifetime High Today

New Lifetime High Today: Waters (WAT)