20 Mid Cap Stocks Just Made New 52-Week Highs
As of Wednesday, October 21, there are 20 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.
Mettler-Toledo International (MTD), with a market value of about $33.8 billion, is the largest company on the list; its stock is up 12.6% over the past month and up 23.6% over the past year. Health Care contributed the most names, 8 of the 20. For context, the S&P 500 is flat over the past month, including dividends.
The 10 Largest, By Market Cap
The table below shows the 10 largest of the 20 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| MTD | $33.8 Bil | 2.7% | 4.3% | 12.6% | 23.6% |
| WST | $27.9 Bil | 1.2% | 5.0% | 6.0% | 43.6% |
| PR | $20.8 Bil | 0.0% | 3.2% | 16.7% | 108.5% |
| CDW | $20.1 Bil | 2.1% | 5.4% | 7.4% | 3.9% |
| MEDP | $18.7 Bil | 6.4% | 7.4% | 5.1% | 21.7% |
| ZBRA | $18.7 Bil | 1.8% | 3.7% | 8.1% | 29.7% |
| RGA | $17.5 Bil | 0.7% | 3.1% | 9.5% | 45.4% |
| CRL | $16.6 Bil | 9.3% | 14.2% | 21.0% | 87.3% |
| EXEL | $16.2 Bil | 0.3% | 5.9% | 11.1% | 87.0% |
| HAS | $16.1 Bil | 4.1% | 19.4% | 31.2% | 57.3% |
The Businesses Behind The Largest New Highs
Mettler-Toledo International (MTD) trades at 37.3 times trailing earnings, grew revenue 6.9% over the last twelve months and earned an operating margin of 28.4%.
West Pharmaceutical Services (WST) trades at 49.3 times trailing earnings, grew revenue 12.4% over the last twelve months and earned an operating margin of 21.7%.
Across the list, one-month moves range from +0.1% for Bio-Techne (TECH) to +31.2% for Hasbro (HAS).
Over the past year, the median name here is up 26.7%.
8 of the 20 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.
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.