18 S&P 500 Stocks Just Made New 52-Week Highs
As of Friday, October 23, there are 18 S&P 500 stocks trading at their 52-week highs.
Exxon Mobil (XOM), with a market value of about $764.7 billion, is the largest company on the list; its stock is up 13.0% over the past month and up 64.3% over the past year. Energy contributed the most names, 8 of the 18. For context, the S&P 500 is down 1.0% over the past month, including dividends.
The Biggest Names On The List
The table below shows the 10 largest of the 18 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| XOM | $764.7 Bil | 2.8% | 2.4% | 13.0% | 64.3% |
| CVX | $459.4 Bil | 2.9% | 3.7% | 13.4% | 55.8% |
| COP | $183.0 Bil | 3.6% | 2.9% | 16.6% | 78.0% |
| CTAS | $89.7 Bil | 0.0% | 4.9% | 13.4% | 17.0% |
| EOG | $85.8 Bil | 3.2% | 3.2% | 14.9% | 58.4% |
| KMI | $76.6 Bil | 2.1% | 0.7% | 10.2% | 29.9% |
| TRGP | $64.9 Bil | 4.4% | 2.5% | 6.8% | 100.0% |
| VEEV | $52.4 Bil | 0.2% | 4.1% | 17.5% | 11.4% |
| DVN | $48.2 Bil | 4.5% | 1.3% | 5.1% | 62.6% |
| IQV | $46.4 Bil | 0.4% | 4.7% | 1.6% | 28.2% |
Strong Prices, But How Strong Are The Businesses?
Exxon Mobil (XOM) trades at 23.3 times trailing earnings, grew revenue 9.6% over the last twelve months and earned an operating margin of 10.7%.
Chevron (CVX) trades at 22.3 times trailing earnings, grew revenue 11.2% over the last twelve months and earned an operating margin of 12.4%.
Across the list, one-month moves range from +1.6% for IQVIA (IQV) to +35.3% for Hasbro (HAS).
The median stock on the list is up 57.1% 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: 8 of the 18 names are Energy stocks. When a whole group is making new highs together, an energy ETF like XLE, which holds 5 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.
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.