Valued at a market cap of $35.4 billion, Waters Corporation (WAT) is a prominent life sciences and analytical instruments company. Headquartered in Milford, Massachusetts, it develops and manufactures laboratory equipment, software, and consumables used in pharmaceutical, biotechnology, food, environmental, and industrial applications.
Companies with valuations of $10 billion or more are generally categorized as “large-cap stocks,” and WAT clearly falls into this group. The company is best known for its expertise in chromatography and mass spectrometry technologies.
