Waters Corporation (wat) Bouncing Back?

Discussion in 'Investment Charts' started by Chartman, Jan 24, 2019.

  1. Chartman

    Chartman Senior Investor

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    It looks as thought Waters Corporation has turned a corner?

    [​IMG]

    "Finally, shares of specialty measurement company Waters finished the day higher by almost 13%. The company said that it posted a solid profit during the fourth quarter of 2018, reversing a year-earlier loss on sales growth of 4%. Waters said that demand for pharmaceutical and thermal analysis products was especially strong, and it also pointed to the Chinese market as a growth driver. The company also made a move to make shareholders happy, announcing a $4 billion stock buyback authorization over the next two years. With a rosy outlook for the future, Waters has investors quite pleased with its latest report"

    Jan-23-19

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