29 Large Cap Stocks Hit 52-Week Highs On Friday
As of Friday, October 30, there are 29 Large Cap US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week highs. Large Cap here means a market value above $40 billion.
At about $1.26 trillion in market value, Eli Lilly (LLY) is the largest company on the list; its stock is up 23.3% over the past month and up 75.3% over the past year. By sector, Energy leads the list with 10 of the 29 names. For context, the S&P 500 is down 1.1% over the past month, including dividends.
The Ten Largest At New Highs
The table below shows the 10 largest of the 29 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| LLY | $1,264.3 Bil | 3.2% | 11.3% | 23.3% | 75.3% |
| XOM | $781.6 Bil | 2.2% | 2.2% | 14.3% | 65.5% |
| MA | $558.3 Bil | 0.4% | 2.3% | 16.2% | 15.8% |
| ABBV | $521.7 Bil | 1.4% | 3.2% | 14.1% | 34.9% |
| CVX | $463.9 Bil | 1.8% | 1.0% | 13.7% | 57.8% |
| PM | $325.5 Bil | 0.1% | 4.7% | 11.9% | 47.3% |
| AMGN | $251.6 Bil | 1.1% | 6.1% | 14.4% | 64.1% |
| GILD | $212.0 Bil | 3.1% | 9.4% | 15.7% | 47.6% |
| COP | $186.9 Bil | 2.7% | 2.1% | 21.2% | 80.4% |
| PFE | $173.9 Bil | 1.9% | 1.6% | 8.5% | 34.5% |
The Businesses Behind The Largest New Highs
Eli Lilly (LLY) trades at 45.8 times trailing earnings, grew revenue 45.5% over the last twelve months and earned an operating margin of 51.3%.
Exxon Mobil (XOM) trades at 23.9 times trailing earnings, grew revenue 9.6% over the last twelve months and earned an operating margin of 10.7%.
Across the list, one-month moves range from +8.5% for Pfizer (PFE) to +29.0% for Roper Technologies (ROP).
The median stock on the list is up 42.8% over the past year.
26 of the 29 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.
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.