Large Cap Stocks Trading At 52-Week High
As on Friday, December 12, 14 Large Cap stocks from the Russell 3000 are trading at their 52-week highs. Among these stocks, Warner Bros. Discovery (WBD) has outpaced the rest in the last one month, generating a robust 35% return over this period.
Stocks At 52W Highs
Below is a list of 10 Large Cap stocks out of the 14 stocks, sorted by market capitalization – highlighting some impressive near-term gains across industries ranging from Diversified Banks and Automobile Manufacturers to Consumer Staples Merchandise Retail and Pharmaceuticals:
| Tickers | Market Cap |
1D % Chg |
1W % Chg |
1M % Chg |
1Y % Chg |
|---|---|---|---|---|---|
| WMT | $931.0 Bil | 1.0% | 1.4% | 13.0% | 24.9% |
| JNJ | $509.1 Bil | 0.7% | 4.8% | 9.5% | 46.1% |
| BAC | $411.7 Bil | 1.1% | 2.2% | 2.4% | 23.3% |
| WFC | $295.2 Bil | 0.2% | 3.3% | 7.5% | 31.5% |
| MCD | $225.8 Bil | 2.3% | 1.8% | 3.8% | 7.8% |
| C | $203.5 Bil | 0.1% | 2.7% | 8.7% | 58.5% |
| TJX | $174.1 Bil | 0.4% | 1.9% | 5.8% | 24.3% |
| CB | $122.6 Bil | 0.8% | 4.6% | 4.9% | 14.2% |
| CM | $86.6 Bil | 0.2% | 1.9% | 6.7% | 46.0% |
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. Among the stocks above, we find Johnson & Johnson (JNJ) attractive
Confident that the current high in these stocks is just one of many to come? That might very well be true, but stock picking – no matter how good it looks now – comes with risks. On the other hand, 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.