The 52-Week-High List: 6 Mid Cap Names On Thursday

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As of Thursday, November 12, 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 $30.2 billion in market value, Labcorp (LH) is the largest company on the list; its stock is up 17.3% over the past month and up 40.2% over the past year. Financials contributed the most names, 2 of the 6. For context, the S&P 500 is down 1.6% over the past month, including dividends.

Photo by ArtsyBee on Pixabay

 
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
LH $30.2 Bil 0.0% 2.5% 17.3% 40.2%
WRB $30.0 Bil 0.6% 0.2% 4.5% 3.9%
DGX $28.6 Bil 0.4% 1.9% 11.2% 39.8%
TW $27.7 Bil 0.8% 3.2% 18.9% 19.9%
FROG $13.7 Bil 1.0% 48.2% 20.3% 72.8%
OGE $10.6 Bil 0.4% 0.9% 7.9% 17.2%

The Businesses Behind The Largest New Highs

Labcorp (LH) trades at 30.1 times trailing earnings, grew revenue 6.0% over the last twelve months and earned an operating margin of 11.3%.

WR Berkley (WRB) trades at 16.1 times trailing earnings and grew revenue 1.6% over the last twelve months.

Across the list, one-month moves range from +4.5% for WR Berkley (WRB) to +20.3% for JFrog (FROG).

Over the past year, the median name here is up 29.8%.

3 of the 6 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.