Both in Lab Analytical Instruments

Waters vs Avantor

Over the past year WAT returned +33.9% and AVTR returned +37.4%; their daily moves had a correlation of 0.40.

WAT +33.9% AVTR +37.4%Growth of $1, one year, split-adjusted
MetricWATAVTR
Price$462.72$16.05
Market cap$45.46B$10.88B
Today−3.61%−3.78%
1 month+8.7%+6.8%
6 months+50.7%+101.6%
Year to date+21.8%+40.1%
1 year+34.7%+38.6%
Revenue growth (YoY)+113.4%+4.6%
Gross margin44.6%31.5%
Net margin−8.3%12.0%
P/E (TTM)273.6×32.3×
Price / sales9.8×1.6×
Net cash-$4.55B-$3.25B
Dividend yield——
Volatility (60d)25.2%29.5%
Short % of float3.3%5.3%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).