34 Mid Cap Stocks Just Made New 52-Week Highs
As of Monday, November 2, there are 34 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.
Arch Capital (ACGL), with a market value of about $37.5 billion, is the largest company on the list; its stock is up 16.8% over the past month and up 26.2% over the past year. For context, the S&P 500 is down 2.3% over the past month, including dividends.
The Biggest Names On The List
The table below shows the 10 largest of the 34 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| ACGL | $37.5 Bil | 2.8% | 6.8% | 16.8% | 26.2% |
| EXR | $32.9 Bil | 3.1% | 8.8% | 17.1% | 21.2% |
| FTS | $30.2 Bil | 1.1% | 3.1% | 12.1% | 21.3% |
| SN | $30.1 Bil | 2.5% | 7.3% | 16.8% | 143.4% |
| AWK | $29.3 Bil | 2.1% | 4.0% | 13.2% | 19.5% |
| VLTO | $28.2 Bil | 4.1% | 11.9% | 22.2% | 15.9% |
| GPN | $26.9 Bil | 2.9% | 21.7% | 27.1% | 28.3% |
| EXPD | $26.3 Bil | 0.9% | 2.1% | 4.2% | 68.6% |
| CHD | $26.2 Bil | 3.0% | 4.8% | 17.1% | 36.8% |
| IFF | $24.1 Bil | 1.7% | 1.0% | 14.8% | 53.2% |
What Sits Behind The Biggest New Highs?
Arch Capital (ACGL) trades at 8.0 times trailing earnings and grew revenue 0.2% over the last twelve months.
Extra Space Storage (EXR) trades at 31.6 times trailing earnings, grew revenue 4.1% over the last twelve months and earned an operating margin of 44.1%.
Across the list, one-month moves range from +4.2% for Expeditors International of Washington (EXPD) to +29.2% for FactSet Research Systems (FDS).
The median stock on the list is up 30.5% over the past year.
18 of the 34 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.