Weekly 52-Week Highs Highlight: PPG, STJ, V, LLTC, LUV

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Dec 23, 2013

According to GuruFocus list of 52-week highs, PPG Industries Inc., St Jude Medical Inc., Visa Inc., Linear Technology and Southwest Airlines Co. have all recently reached their 52-week highs.

PPG Industries Inc. (PPG, Financial) Reached the 52-Week High of $186.62

PPG Industries Inc. has a market cap of $26.5 billion; its shares were traded at around $186.62 with a P/E ratio of 8.60 and P/S ratio of 1.69. The dividend yield of PPG Industries Inc. stocks is 1.30%. PPG Industries Inc. had an annual average earnings growth of 6.40% over the past 10 years. GuruFocus rated PPG Industries Inc. the business predictability rank of 3-star.

PPG Industries posted strong third quarter 2013 results, with net sales up 17% year-over-year to $4 billion and adjusted EPS from continuing operations up 31% to $2.44.

Chairman and CEO Charles E. Bunch sold 140,000 shares of PPG stock on 10/22/2013 at the average price of $177.13. Multiple other insiders have also sold shares of PPG stock over the week.

St. Jude Medical Inc. (STJ, Financial) Reached the 52-Week High of $61.89

St. Jude Medical, Inc. has a market cap of $18.06 billion; its shares were traded at around $61.89 with a P/E ratio of 25.10 and P/S ratio of 3.33. The dividend yield of St. Jude Medical Inc. stocks is 1.58%. St. Jude Medical Inc. had an annual average earnings growth of 14.20% over the past 10 years. GuruFocus rated St Jude Medical Inc. the business predictability rank of 4-star.

St. Jude Medical reported third quarter 2013 net sales of $1.33 billion, a 1% increase over the prior year quarter. Adjusted earnings were $262 million, up 8% over the same quarter of last year.

Chairman, CEO and President Daniel J. Starks sold 108,000 shares of STJ stock on 12/09/2013 at the average price of $59.41. Executive Vice President John C. Heinmiller and other insiders all also sold shares of STJ stock in the past week.

Visa, Inc. (V, Financial) Reached the 52-Week High of $215.97

Visa Inc. is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. Visa Inc. has a market cap of $168.2 billion; its shares were traded at around $215.97 with a P/E ratio of 28.50 and P/S ratio of 12.03. The dividend yield of Visa Inc. stocks is 0.64%. Visa Inc. had an annual average earnings growth of 18.20% over the past five years.

Visa Inc. recently released its fourth quarter 2013 results. Net income this quarter was $1.2 billion ($1.85 per diluted share), an increase of 15% over the fourth quarter of 2012. The company generated $2.97 billion in revenues compared to $2.73 billion last year. The company authorized a $5.0 billion repurchase in this quarter as well.Director Francisco J. Fernandez-Carbajal sold 40,600 shares of V stock on 12/11/2013 at the average price of $201.69.

Linear Technology (LLTC, Financial) Reached the 52-Week High of $44.80

Linear Technology has a market cap of $10.49 billion; its shares were traded at around $44.80 with a P/E ratio of 26.10 and P/S ratio of 8.30. The dividend yield of Linear Technology stocks is 2.32%. Linear Technology had an annual average earnings growth of 5.10% over the past 10 years.

Southwest Airlines Co (LUV, Financial) Reached the 52-Week High of $18.86

Southwest Airlines Co has a market cap of $13.14 billion; its shares were traded at around $18.86 with a P/E ratio of 21.80 and P/S ratio of 0.78. The dividend yield of Southwest Airlines Co stocks is 0.69%. Southwest Airlines Co had an annual average earnings growth of 6.70% over the past 10 years. GuruFocus rated Southwest Airlines Co the business predictability rank of 2.5-star.Southwest Airlines reported a third quarter net income of $241 million ($0.34 per diluted share), compared to income of $97 million ($0.13 per share) in the third quarter of 2012. Cash flow from operations was $428 million and capital expenditures were $268 million, resulting in free cash flow of $160 million.

Senior VP Finance and CFO Tammy Romo sold 13,400 shares of LUV stock on 12/13/2013 at the average price of $18.83. EVP, Chief Legal and Regulatory Officer Ron Ricks sold 13,726 shares of LUV stock on 12/02/2013 at the average price of $18.71.

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