The 52-Week-High List: 27 Mid Cap Names On Friday
A small group of mid-sized companies are hitting new highs even as the broader market stalls, but the business stories behind the prices vary widely.
While the S&P 500 returned -0.9% over the last month, HF Sinclair (DINO) posted a gain of 33.1%. It leads a list of 27 Mid Cap stocks from the Russell 3000 trading at 52-week highs as of Friday. The group shows clusters in sectors like Retail REITs and Health Care REITs, with 12 of the 27 names also being S&P 500 members.
The central question is what kind of business fundamentals are earning these prices. Here are the names at their strongest levels of the past year.
The Ten Largest At New Highs
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The table below shows the 10 largest of the 27 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D % Chg |
1W % Chg |
1M % Chg |
1Y % Chg |
|---|---|---|---|---|---|
| FTS | $29.9 Bil | 0.2% | 2.4% | 2.9% | 28.9% |
| PBA | $29.8 Bil | 0.6% | 7.9% | 8.9% | 45.2% |
| CHRW | $25.0 Bil | 1.3% | 7.8% | 10.1% | 116.3% |
| PFG | $24.7 Bil | 0.7% | 1.5% | 2.5% | 48.0% |
| EXPD | $24.4 Bil | 0.5% | 6.3% | 11.4% | 63.6% |
| SN | $21.8 Bil | 0.2% | 1.2% | 13.4% | 39.8% |
| ROKU | $21.3 Bil | 0.4% | 2.7% | 4.7% | 58.9% |
| BBY | $18.0 Bil | 0.1% | 3.2% | 14.5% | 34.9% |
| KIM | $17.5 Bil | 0.3% | 5.0% | 4.1% | 27.7% |
| WPC | $16.7 Bil | 1.0% | 5.9% | 0.9% | 29.7% |
Does every new high signal a healthy business?
Consider C.H. Robinson Worldwide (CHRW), which trades at 41.7 times trailing earnings despite a revenue decline of 6.7% over the last twelve months and an operating margin of 4.9%. Contrast that with Fortis (FTS), another name on the list. Fortis trades at 16.6 times trailing earnings while its revenue grew 4.3% and its operating margin is 28.6%. Both stocks are at highs, but the underlying business trends are starkly different.
A 52-week high is the start of the work, not the end.
A stock reaching its strongest price of the last year is a clear signal of market strength, and that strength can persist. But a price is not a verdict on the business. A high list is best used as a starting point for research. The disciplined move is to ask whether the company’s growth and profitability can support its new valuation.
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, which is the momentum that tends to have staying power.
New Highs Grow Positions Faster Than Plans Do
A new high is real progress, and it is also how winners grow into outsized positions. How much damage any single position could do to your net worth is a question with a precise answer. The Trefis Wealth team computes it for investors professionally, with the same rules-based systematic discipline that runs our High Quality Portfolio. Request a free vulnerability audit of your biggest positions.