Both in Lab Analytical Instruments

Waters vs Bio-Rad Laboratories

Over the past year WAT returned +33.9% and BIO returned +19.5%; their daily moves had a correlation of 0.42.

WAT +33.9% BIO +19.5%Growth of $1, one year, split-adjusted
MetricWATBIO
Price$462.72$372.18
Market cap$45.46B$9.95B
Today−3.61%−3.18%
1 month+8.7%+4.7%
6 months+50.7%+45.1%
Year to date+21.8%+22.8%
1 year+34.7%+16.5%
Revenue growth (YoY)+113.4%−0.1%
Gross margin44.6%53.1%
Net margin−8.3%57.1%
P/E (TTM)273.6×44.7×
Price / sales9.8×3.8×
Net cash-$4.55B$414.8M
Dividend yield——
Volatility (60d)25.2%27.7%
Short % of float3.3%5.9%
Next earnings——

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