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Milford, Massachusetts-based Waters Corporation (WAT) provides analytical workflow solutions. With a market cap of $20.2 billion, the company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. WAT distributes its products to a wide range of industries, such as pharmaceuticals, chemicals, and environmental testing.
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. Waters solidifies its analytical instruments market leadership through expertise in liquid chromatography and mass spectrometry, bolstered by significant R&D investments.