Waters Corp (NYSE:WAT)

CAPS Rating: 4 out of 5

Analytical instrument manufacturer that designs, manufactures, sells & services high performance liquid chromatography, ultra performance liquid chromatography together with high performance liquid chromatography and mass spectrometry instrument systems.

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Player Avatar shop1 (97.09) Submitted: 5/5/2008 1:20:50 PM : Outperform Start Price: $62.03 WAT Score: +34.98


Waters Corp had its stock price hammered in Q4 07 because of disappointing results. However, in Q1 08, it reported a 12% increase in sales as well as an increase in net income.

This company is well managed and has great financial stability. Its ROE is excellent at 43.50%. The company expects to increase revenue and earnings growth in 08.

At a price of $61.87, the stock is trading well off its 52 week high of $81.84. IMO, WAT is oversold. It may have some challenges in the short-term, but in the long term it is an outperformer.

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