St Jude Medical Reaches New 52-Week High (STJ)

NEW YORK ( TheStreet) -- St Jude Medical (NYSE: STJ) hit a new 52-week high Thursday as it is currently trading at $47.50, above its previous 52-week high of $47.48 with 24,976 shares traded as of 9:30 a.m. ET. Average volume has been 2.2 million shares over the past 30 days.

St Jude Medical has a market cap of $13.42 billion and is part of the health care sector and health services industry. Shares are up 30.2% year to date as of the close of trading on Wednesday.

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.

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TheStreet Ratings rates St Jude Medical as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income, notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full St Jude Medical Ratings Report.

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