Large Cap Stocks At 52-Week Highs: Friday’s Full List

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As of Friday, November 6, there are 3 Large Cap US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week highs. Large Cap here means a market value above $40 billion.

Cardinal Health (CAH), with a market value of about $63.0 billion, is the largest company on the list; its stock is up 13.7% over the past month and up 39.4% over the past year. For context, the S&P 500 is down 4.9% over the past month, including dividends.

Photo by ArtsyBee on Pixabay

 
The Complete 52-Week-High List

Here are all 3 names, sorted by market capitalization, with returns over four windows:
 

Tickers Market
Cap
1D
Return
1W
Return
1M
Return
1Y
Return
CAH $63.0 Bil 1.5% 8.5% 13.7% 39.4%
EW $58.9 Bil 1.3% 11.0% 21.2% 23.3%
HUM $52.1 Bil 5.3% 4.6% 12.3% 65.8%

The Businesses Behind The Largest New Highs

Cardinal Health (CAH) trades at 34.7 times trailing earnings, grew revenue 10.0% over the last twelve months and earned an operating margin of 1.3%.

Edwards Lifesciences (EW) trades at 57.6 times trailing earnings, grew revenue 13.4% over the last twelve months and earned an operating margin of 28.8%.

Across the list, one-month moves range from +12.3% for Humana (HUM) to +21.2% for Edwards Lifesciences (EW).

The median stock on the list is up 39.4% over the past year.

3 of the 3 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.

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.