The 52-Week-High List: 13 Large Cap Names On Monday
As of Monday, October 5, there are 13 Large Cap US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week highs. Large Cap here means a market value above $40 billion.
At about $5.78 trillion in market value, NVIDIA (NVDA) is the largest company on the list; its stock is up 4.7% over the past month and up 26.8% over the past year. Information Technology contributed the most names, 7 of the 13. For context, the S&P 500 is up 0.4% over the past month, including dividends.
The 10 Largest, By Market Cap
The table below shows the 10 largest of the 13 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| NVDA | $5,779.0 Bil | 2.1% | 4.4% | 4.7% | 26.8% |
| PANW | $329.1 Bil | 0.9% | 3.7% | 22.5% | 94.3% |
| CRWD | $278.0 Bil | 1.0% | 5.2% | 26.8% | 119.5% |
| FTNT | $135.0 Bil | 1.8% | 4.4% | 17.8% | 113.4% |
| NET | $127.4 Bil | 3.0% | 1.6% | 26.4% | 60.1% |
| MPC | $125.3 Bil | 2.6% | 11.3% | 11.8% | 129.2% |
| VLO | $123.3 Bil | 3.2% | 7.6% | 13.1% | 160.0% |
| JCI | $95.4 Bil | 0.4% | 5.3% | 10.6% | 46.1% |
| LITE | $93.2 Bil | 0.6% | 18.5% | 28.8% | 543.1% |
| WBD | $77.7 Bil | 0.0% | 0.2% | 9.1% | 60.9% |
The Businesses Behind The Largest New Highs
NVIDIA (NVDA) trades at 30.0 times trailing earnings, grew revenue 83.4% over the last twelve months and earned an operating margin of 65.2%.
Across the list, one-month moves range from +1.0% for Atlassian (TEAM) to +32.5% for Illumina (ILMN).
The median stock on the list is up 113.4% over the past year.
10 of the 13 names are also S&P 500 members.
A new high tells you what the market already believes. The harder question is which of these runs management itself is underwriting. Our Guidance Momentum screen tracks exactly that: stocks where the company raised its own forward numbers.
One more pattern worth noticing: 7 of the 13 names are Information Technology stocks. When a whole group is making new highs together, a technology ETF like XLK, which holds 4 of the 6 largest of them, is one way to own part of the group’s strength without betting on which single name leads it from here.
Strength Is A Clue. It Is Not A Plan
A stock at its 52-week high has momentum on its side, and momentum is a real force. It is also the most crowded signal in the market, and what separates a run that lasts from one that tops is usually the business underneath.
Checking that business, across thousands of names, is how the Trefis High Quality (HQ) Portfolio is assembled: roughly 30 companies that pass the quality screens, rebalanced on 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. Let the highs point; let the discipline decide.