Watsco (NYSE:WSO.B) Sees Unusually-High Trading Volume - Time to Buy?

Watsco, Inc. (NYSE:WSO.B - Get Free Report) shares saw an uptick in trading volume on Wednesday . 100 shares changed hands during mid-day trading, an increase of 92% from the previous session's volume of 52 shares.The stock last traded at $421.33 and had previously closed at $434.83.Watsco Stock PerformanceThe firm has a market cap of $17.08 billion, a P/E ratio of 32.31 and a beta of 0.50. The firm has a fifty day moving average of $422.50 and a 200-day moving average of $456.26. About Watsco (Get Free Report)Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.Recommended StoriesFive stocks we like better than Watsco3 Home Improvement Stocks that Can Upgrade Your PortfolioPalantir Stock Eyes New Highs, Boosted by Boeing PartnershipWhat Do S&P 500 Stocks Tell Investors About the Market? Marvell Soars on +$6B in Buybacks—Can the Recovery Continue?What is the Dogs of the Dow Strategy? Overview and ExamplesIs Intuitive Surgical the Hidden Winner in Healthcare’s Weakness?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Watsco Right Now?Before you consider Watsco, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watsco wasn't on the list.While Watsco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here