13 S&P 500 Stocks Hit 52-Week Highs On Thursday
As of Thursday, November 5, there are 13 S&P 500 stocks trading at their 52-week highs.
At about $124.7 billion in market value, McKesson (MCK) is the largest company on the list; its stock is up 17.8% over the past month and up 27.9% over the past year. By sector, Utilities leads the list with 4 of the 13 names. For context, the S&P 500 is down 5.7% 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 |
|---|---|---|---|---|---|
| MCK | $124.7 Bil | 0.2% | 9.3% | 17.8% | 27.9% |
| MSI | $85.6 Bil | 4.0% | 5.1% | 15.3% | 32.7% |
| RSG | $76.4 Bil | 1.6% | 5.6% | 15.4% | 21.5% |
| CAH | $62.1 Bil | 2.2% | 6.7% | 15.4% | 38.4% |
| EW | $58.1 Bil | 1.5% | 6.8% | 17.5% | 19.8% |
| KDP | $50.2 Bil | 0.3% | 4.5% | 20.8% | 43.9% |
| ED | $44.8 Bil | 0.9% | 5.2% | 16.1% | 28.1% |
| WEC | $38.6 Bil | 0.2% | 3.2% | 14.7% | 9.4% |
| AWK | $30.3 Bil | 1.9% | 7.2% | 19.7% | 22.2% |
| WRB | $29.9 Bil | 0.4% | 5.3% | 10.4% | 6.9% |
What Sits Behind The Biggest New Highs?
McKesson (MCK) trades at 26.5 times trailing earnings, grew revenue 8.2% over the last twelve months and earned an operating margin of 1.7%.
Motorola Solutions (MSI) trades at 41.1 times trailing earnings, grew revenue 11.4% over the last twelve months and earned an operating margin of 25.4%.
Across the list, one-month moves range from +8.9% for Evergy (EVRG) to +20.8% for Keurig Dr Pepper (KDP).
Over the past year, the median name here is up 22.2%.
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.