32 S&P 500 Stocks Hit 52-Week Highs On Monday
A technology giant’s powerful run frames a list where insurance and real estate names also show notable strength.
Apple (AAPL), with a market value of about $4943.6 billion, has gained 22.4% over the last month while the S&P 500 returned just +0.7%. That single name sets the tone for Monday’s list of new highs.
As of July 27, 32 S&P 500 stocks are trading at their strongest price of the last year. The question is whether the strength is confined to a few giants, or if the business fundamentals of the other names justify their new peaks. The full list follows.
The Ten Largest At New Highs
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The table below shows the 10 largest of the 32 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D % Chg |
1W % Chg |
1M % Chg |
1Y % Chg |
|---|---|---|---|---|---|
| AAPL | $4,943.6 Bil | 1.2% | 3.2% | 22.4% | 58.2% |
| JPM | $967.5 Bil | 0.8% | 5.1% | 6.8% | 22.4% |
| BAC | $450.8 Bil | 0.1% | 2.8% | 6.8% | 31.2% |
| PM | $304.8 Bil | 1.4% | 1.5% | 9.4% | 25.9% |
| RTX | $294.4 Bil | 2.6% | 12.3% | 17.1% | 43.0% |
| BMY | $127.5 Bil | 0.8% | 4.0% | 14.2% | 34.0% |
| GD | $105.1 Bil | 0.6% | 5.0% | 13.4% | 26.0% |
| MMM | $94.3 Bil | 3.2% | 12.0% | 6.1% | 21.6% |
| TRV | $84.0 Bil | 0.8% | 5.9% | 22.6% | 51.4% |
| GM | $79.3 Bil | 5.3% | 14.8% | 10.8% | 67.8% |
Does a 224.3 P/E Ratio Match the Underlying Business?
Philip Morris International (PM) stands out for its valuation, trading at 224.3 times trailing earnings. The company’s revenue grew 8.9% over the last twelve months, supported by an operating margin of 37.7%.
For comparison, Apple (AAPL) also made the list, but trades at 40.3 times trailing earnings with revenue growth of 12.8%. The contrast in multiples raises a key question for any name at a new high: has the price run ahead of the business performance?
A 52-week high is a starting point, not a conclusion.
A list of stocks at their strongest prices of the year is a useful screen for what is working in the market. Strength can persist. But a price is just a price, and a new high is not a verdict on a company’s future.
The disciplined next step is to look past the ticker and into the business itself. A stock at its peak invites the question of whether its revenue growth and margins can support, and continue to justify, that new level.
A new high tells you what the market already believes. The harder question is which of these runs management itself is underwriting. Our Guidance Momentum screen tracks exactly that: stocks where the company raised its own forward numbers.
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.