17 Mid Cap Stocks Hit 52-Week Highs On Wednesday
As of Wednesday, October 28, there are 17 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.
At about $34.2 billion in market value, Mettler-Toledo International (MTD) is the largest company on the list; its stock is up 10.5% over the past month and up 19.6% over the past year. By sector, Health Care leads the list with 10 of the 17 names. For context, the S&P 500 is up 1.0% over the past month, including dividends.
The 10 Largest, By Market Cap
The table below shows the 10 largest of the 17 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| MTD | $34.2 Bil | 0.8% | 1.2% | 10.5% | 19.6% |
| LH | $29.4 Bil | 8.8% | 11.3% | 16.7% | 32.0% |
| WST | $28.6 Bil | 1.3% | 2.6% | 7.2% | 41.0% |
| RBRK | $28.0 Bil | 0.2% | 13.0% | 18.5% | 74.8% |
| RS | $22.3 Bil | 1.0% | 3.8% | 12.9% | 59.2% |
| VTRS | $21.8 Bil | 0.3% | 1.7% | 3.6% | 86.5% |
| FTV | $19.5 Bil | 4.0% | 9.3% | 15.7% | 30.2% |
| MEDP | $19.4 Bil | 2.8% | 4.6% | 11.3% | 16.1% |
| RVTY | $18.4 Bil | 2.1% | 5.6% | 8.3% | 70.6% |
| CRL | $18.0 Bil | 4.2% | 8.4% | 26.4% | 91.5% |
Strong Prices, But How Strong Are The Businesses?
Mettler-Toledo International (MTD) trades at 37.7 times trailing earnings, grew revenue 6.9% over the last twelve months and earned an operating margin of 28.4%.
Labcorp (LH) trades at 29.4 times trailing earnings, grew revenue 6.4% over the last twelve months and earned an operating margin of 11.4%.
Across the list, one-month moves range from +0.4% for Bio-Techne (TECH) to +53.6% for Netskope (NTSK).
Over the past year, the median name here is up 41.0%.
10 of the 17 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.
New Highs Fade. Discipline Compounds
Some of the names on this list will keep setting highs for years, and some are at the top of their run right now. Sorting one from the other, name by name, every day, is the work most investors never keep up with.
That sorting is what the Trefis High Quality (HQ) Portfolio does systematically: about 30 quality businesses screened for the fundamentals that sustain a run, held with rules instead of excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Use the high list for ideas; use the portfolio for the compounding.