Mid Cap Stocks At 52-Week Highs: Thursday’s Full List
As of Thursday, October 8, there are 6 Mid Cap US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week highs. Mid Cap here means a market value between $10 billion and $40 billion, the upper figure excluded.
At about $38.4 billion in market value, OKTA is the largest company on the list; its stock is up 27.5% over the past month and up 142.3% over the past year. By sector, Energy leads the list with 2 of the 6 names. For context, the S&P 500 is up 1.8% over the past month, including dividends.
Every Name On The List
The table below lists all 6 names this screen surfaced, largest first, with one-day, one-week, one-month and one-year returns:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| OKTA | $38.4 Bil | 1.0% | 3.6% | 27.5% | 142.3% |
| DINO | $21.7 Bil | 4.4% | 7.1% | 11.6% | 139.8% |
| DT | $17.9 Bil | 2.2% | 3.1% | 20.8% | 27.0% |
| RGA | $16.6 Bil | 1.7% | 4.6% | 4.4% | 31.8% |
| PBF | $10.6 Bil | 6.8% | 8.5% | 16.8% | 205.5% |
| AMG | $10.2 Bil | 2.6% | 4.0% | 8.8% | 61.3% |
Strong Prices, But How Strong Are The Businesses?
OKTA trades at 129.7 times trailing earnings, grew revenue 11.2% over the last twelve months and earned an operating margin of 7.7%.
HF Sinclair (DINO) grew revenue 16.3% over the last twelve months and earned an operating margin of 8.4%.
Across the list, one-month moves range from +4.4% for Reinsurance of America (RGA) to +27.5% for OKTA.
Over the past year, the median name here is up 100.6%.
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.
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.