7 S&P 500 Stocks Just Made New 52-Week Highs
As of Wednesday, September 30, there are 7 S&P 500 stocks trading at their 52-week highs.
At about $318.2 billion in market value, Palo Alto Networks (PANW) is the largest company on the list; its stock is up 4.0% over the past month and up 94.8% over the past year. Information Technology contributed the most names, 5 of the 7. For context, the S&P 500 is down 0.3% over the past month, including dividends.
The Complete 52-Week-High List
Here are all 7 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| PANW | $318.2 Bil | 2.3% | 1.0% | 4.0% | 94.8% |
| CRWD | $269.9 Bil | 0.8% | 0.9% | 14.6% | 116.8% |
| FTNT | $131.0 Bil | 1.6% | 0.0% | 4.6% | 111.2% |
| HPE | $85.4 Bil | 3.9% | 2.5% | 22.6% | 169.4% |
| WBD | $77.7 Bil | 0.3% | 0.6% | 8.5% | 64.1% |
| NTAP | $41.2 Bil | 0.4% | 7.0% | 13.4% | 80.3% |
| RVTY | $17.1 Bil | 0.1% | 7.6% | 18.8% | 82.1% |
The Businesses Behind The Largest New Highs
CrowdStrike (CRWD) grew revenue 24.3% over the last twelve months and posted an operating margin of -2.2%.
Across the list, one-month moves range from +4.0% for Palo Alto Networks (PANW) to +22.6% for Hewlett Packard Enterprise (HPE).
Over the past year, the median name here is up 94.8%.
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.
One more pattern worth noticing: 5 of the 7 names are Information Technology stocks. When a whole group is making new highs together, a technology ETF like XLK, which holds 4 of the 5 largest of them, is one way to own part of the group’s strength without betting on which single name leads it from here.
Strength Is A Clue. It Is Not A Plan
A stock at its 52-week high has momentum on its side, and momentum is a real force. It is also the most crowded signal in the market, and what separates a run that lasts from one that tops is usually the business underneath.
Checking that business, across thousands of names, is how the Trefis High Quality (HQ) Portfolio is assembled: roughly 30 companies that pass the quality screens, rebalanced on 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. Let the highs point; let the discipline decide.