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Waters Corporation (WAT), headquartered in Milford, Massachusetts, is a global leader in analytical instruments and laboratory solutions. The company is valued at a market cap of $22.2 billion and specializes in liquid chromatography (LC), mass spectrometry (MS), and thermal analysis technologies, serving industries such as pharmaceuticals, life sciences, food safety, environmental testing, and material sciences.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and Waters perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the diagnostics & research industry.