Waters Corp (WAT) has shown a strong performance in Q3 2024, reporting significant revenue and margin growth, consequently leading the S&P 500 gains. It has updated its profit forecast for the year amid high demand for its lab tools and has provided positive earnings guidance for the fourth quarter. Waters Corp's stock has hit a 52-week high at $375, demonstrating robust growth and outperforming competitors, despite some days of underperformance.
Cambiar Investors LLC and
Swedbank AB have respectively made Waters Corp their 7th largest and largest positions. However, Waters Corp has also seen some shares sold by
Boston Financial Mangement LLC and
Boston Trust Walden Corp. Innovative developments include the launch of
New Discovery Core Rheometer,
GTxResolve Premier SEC Columns and
Rapid Screening-DSC for quicker thermal stability testing. The corporation also announced the opening of a
new Global Capability Center in Bengaluru, India and celebrated 25 years in Ireland with a €6 million R&D Center expansion in Wexford.
Waters Corp WAT News Analytics from Thu, 28 Jun 2018 13:45:29 GMT to Sat, 02 Nov 2024 13:20:07 GMT -
Rating 8
- Innovation 2
- Rumor -3
