The 52-Week-High List: 12 Mid Cap Names On Wednesday
As of Wednesday, October 14, there are 12 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.
Centene (CNC), with a market value of about $34.6 billion, is the largest company on the list; its stock is up 3.7% over the past month and up 93.0% over the past year. Health Care contributed the most names, 7 of the 12. For context, the S&P 500 is up 1.8% over the past month, including dividends.
The 10 Largest, By Market Cap
The table below shows the 10 largest of the 12 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| CNC | $34.6 Bil | 1.9% | 8.0% | 3.7% | 93.0% |
| BIIB | $34.4 Bil | 1.7% | 4.8% | 7.7% | 60.9% |
| MTD | $32.4 Bil | 0.7% | 4.9% | 21.0% | 25.3% |
| EXPD | $25.7 Bil | 0.6% | 2.9% | 1.3% | 74.1% |
| IFF | $22.8 Bil | 1.6% | 6.5% | 6.9% | 52.4% |
| RGA | $17.0 Bil | 1.1% | 3.8% | 5.1% | 36.6% |
| EXEL | $15.3 Bil | 2.5% | 4.4% | 7.2% | 58.7% |
| DOCU | $14.4 Bil | 4.0% | 9.2% | 4.7% | 8.3% |
| HALO | $13.7 Bil | 6.6% | 5.4% | 9.9% | 78.8% |
| BJ | $13.2 Bil | 3.8% | 7.8% | 8.8% | 11.3% |
What Sits Behind The Biggest New Highs?
Centene (CNC) grew revenue 13.9% over the last twelve months and earned an operating margin of 0.8%.
Biogen (BIIB) grew revenue 0.3% over the last twelve months and earned an operating margin of 19.3%.
Across the list, one-month moves range from +1.3% for Expeditors International of Washington (EXPD) to +21.0% for Mettler-Toledo International (MTD).
Over the past year, the median name here is up 55.5%.
5 of the 12 names are also S&P 500 members.
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: 7 of the 12 names are Health Care stocks. When a whole group is making new highs together, a health care ETF like XLV, which holds 3 of the 6 largest of them, is one way to own part of the group’s strength without betting on which single name leads it from here.
New Highs Fade. Discipline Compounds
Some of the names on this list will keep setting highs for years, and some are at the top of their run right now. Sorting one from the other, name by name, every day, is the work most investors never keep up with.
That sorting is what the Trefis High Quality (HQ) Portfolio does systematically: about 30 quality businesses screened for the fundamentals that sustain a run, held with rules instead of excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Use the high list for ideas; use the portfolio for the compounding.