9 Mid Cap Stocks Just Made New 52-Week Highs
As of Monday, October 12, there are 9 Mid Cap US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week highs. Mid Cap here means a market value between $10 billion and $40 billion, the upper figure excluded.
Biogen (BIIB), with a market value of about $33.9 billion, is the largest company on the list; its stock is up 5.6% over the past month and up 53.3% over the past year. By sector, Health Care leads the list with 3 of the 9 names. For context, the S&P 500 is up 2.0% over the past month, including dividends.
The Full List, Largest First
The table below lists all 9 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 |
|---|---|---|---|---|---|
| BIIB | $33.9 Bil | 1.6% | 2.6% | 5.6% | 53.3% |
| MTD | $31.5 Bil | 0.8% | 1.4% | 20.8% | 19.5% |
| DINO | $22.1 Bil | 1.3% | 6.7% | 14.0% | 142.5% |
| DT | $19.1 Bil | 2.8% | 8.4% | 27.8% | 33.4% |
| ZBRA | $18.5 Bil | 0.2% | 3.3% | 10.8% | 29.9% |
| RGA | $16.9 Bil | 1.6% | 3.5% | 4.5% | 35.9% |
| RNR | $14.0 Bil | 2.3% | 4.8% | 4.4% | 31.3% |
| GME | $12.2 Bil | 2.5% | 7.9% | 28.7% | 13.1% |
| OSCR | $10.3 Bil | 1.9% | 4.9% | 3.8% | 65.6% |
The Businesses Behind The Largest New Highs
Biogen (BIIB) grew revenue 0.3% over the last twelve months and earned an operating margin of 19.3%.
Mettler-Toledo International (MTD) trades at 34.7 times trailing earnings, grew revenue 6.9% over the last twelve months and earned an operating margin of 28.4%.
Across the list, one-month moves range from +3.8% for Oscar Health (OSCR) to +28.7% for GameStop (GME).
The median stock on the list is up 33.4% over the past year.
3 of the 9 names are also S&P 500 members.
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.
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.