The 52-Week-High List: 6 Small Cap Names On Thursday
As of Thursday, October 1, there are 6 Small Cap US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week highs. Small Cap here means a market value between $2 billion and $10 billion, the upper figure excluded.
At about $9.7 billion in market value, PBF Energy (PBF) is the largest company on the list; its stock is up 9.8% over the past month and up 180.0% over the past year. By sector, Energy leads the list with 3 of the 6 names. For context, the S&P 500 is up 0.6% over the past month, including dividends.
Every Name On The List
The table below lists all 6 names this screen surfaced, largest first, with one-day, one-week, one-month and one-year returns:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| PBF | $9.7 Bil | 7.0% | 14.5% | 9.8% | 180.0% |
| SLAB | $7.4 Bil | 0.4% | 0.5% | 1.5% | 69.7% |
| MSM | $7.2 Bil | 3.9% | 6.4% | 9.1% | 44.7% |
| INSW | $5.7 Bil | 4.0% | 9.3% | 20.7% | 189.9% |
| CVI | $5.5 Bil | 6.6% | 6.0% | 26.8% | 49.9% |
| CNXN | $2.3 Bil | 2.6% | 4.0% | 15.6% | 51.0% |
What Sits Behind The Biggest New Highs?
PBF Energy (PBF) trades at 7.2 times trailing earnings, grew revenue 13.5% over the last twelve months and earned an operating margin of 2.6%.
Silicon Laboratories (SLAB) grew revenue 21.7% over the last twelve months and posted an operating margin of -5.1%.
Across the list, one-month moves range from +1.5% for Silicon Laboratories (SLAB) to +26.8% for CVR Energy (CVI).
The median stock on the list is up 60.3% over the past year.
Before chasing any name on this list, ask what the company itself expects next. Our Guidance Momentum screen surfaces the stocks whose managements just raised their own outlooks.
One more pattern worth noticing: 3 of the 6 names are Energy stocks. When a whole group is making new highs together, an oil and gas ETF like XOP, which holds 2 of the 3 largest of them, is one way to own part of the group’s strength without betting on which single name leads it from here.
Chasing Highs Is A Reflex. Owning Strength Is A System
A 52-week-high list is seductive: everything on it has been going right. But buying a stock because it is at its high is buying a price, and prices revert; what persists is the quality underneath the run.
The Trefis High Quality (HQ) Portfolio is built to own that quality before and after it makes headlines: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Admire the list; own the system.