S&P 500 Stocks Trading At 52-Week High
As on Thursday, August 21, 8 of the S&P 500 stocks are trading at their 52-week highs. Among these stocks, CVS Health (CVS) has outpaced the rest in the last one month, generating a robust 15% return over this period.
Stocks At 52W Highs
Below is the complete list of these S&P 500 stocks, sorted by market capitalization – highlighting some impressive near-term gains across industries ranging from Pharmaceuticals and Integrated Telecommunication Services to Semiconductors and Tobacco:
| Tickers | Market Cap |
1D % Chg |
1W % Chg |
1M % Chg |
1Y % Chg |
|---|---|---|---|---|---|
| JNJ | $430.6 Bil | 0.1% | 2.4% | 5.8% | 15.7% |
| T | $212.2 Bil | 0.5% | 2.4% | 6.1% | 58.1% |
| ADI | $122.5 Bil | 0.8% | 4.5% | 8.3% | 11.2% |
| MO | $114.0 Bil | 0.1% | 3.2% | 13.2% | 42.0% |
| CVS | $90.1 Bil | 0.9% | 7.0% | 15.5% | 27.0% |
| NOC | $85.8 Bil | 0.8% | 2.3% | 5.1% | 20.4% |
| NEM | $77.8 Bil | 1.6% | 2.4% | 14.1% | 39.9% |
| ADM | $29.5 Bil | 0.6% | 3.0% | 8.7% | 6.5% |
What is the point? Stocks near 52-week highs signal strong momentum and investor conviction. This level often serves as an anchor for investor expectations and can trigger further institutional buying. It is not just a number, but a potential continuation setup. But fundamentals matter when evaluating such stocks. In above, we find Altria (MO) and Newmont (NEM) Attractive.
- How to Get Paid to Buy META at a Steep Discount
- Triggers That Could Ignite the Next Rally In Palantir Technologies Stock
- Why Amazon.com Stock May Drop Soon
- Webull Stock: Strong Cash Flow Poised for a Re-Rating?
- High Margins, 44% Discount: Buy Visa Stock Now
- Lowe’s Companies Stock Hands $76 Bil Back – Worth a Look?
While the current highs seen by these stocks reflect investor confidence in these companies, have you considered the risk associated with them? As an alternative, the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.