According to GuruFocus, these stocks have reached their 52-week highs.
Visa reached the 52-week high of $82.45
Visa Inc. (V, Financial) is a payment technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments.
The company operates processing network VisaNet, offering fraud protection for consumers and assured payment for merchants. It owns, manages and promotes a portfolio of payment brands including Visa, Visa Electron, PLUS and Interlink, which it licensed to its clients for use in their payment programs. The company provides payment solutions that support payment products that issuers can offer to account holders.
The price of Visa shares has reached $82.45, which is 1.6% off the 52-week high of $83.79. Visa has a market cap of $194.65 billion; its shares were traded around $82.45 with a price-earnings (P/E) ratio of 35.85 and price-sales (P/S) ratio of 13.85. Visa's trailing 12-month dividend yield is 0.68%. The forward dividend yield is 0.68%. Visa had an annual average earnings growth of 21.20% over the past five years.
The company recently announced a GAAP quarterly net income of $412 million or 17 cents per share for the third fiscal quarter. In addition, there was an adjusted quarterly net income of $1.6 billion or 69 cents per share excluding special items related to the acquisition of Visa Europe. Last, adjusted net income for the quarter was $1.6 billion, a decrease of 10% over the prior year’s adjusted results. Adjusted earnings per share was 69 cents, a decrease of 7% nominally or 4% in constant dollars over the prior year’s adjusted results.
Associated Banc-Corp reached the 52-week high of $25.21
Associated Banc-Corp (ASBPRD, Financial) is a commercial bank holding company incorporated in Wisconsin in 1964. The company through its banking and nonbanking subsidiaries provides banking and related financial services to consumer and commercial customers. The company owns one nationally chartered commercial bank in Green Bay, Wisconsin which serves local communities across the upper Midwest, one nationally chartered trust company in Wisconsin and 10 limited purpose banking and nonbanking subsidiaries. The company operates through three segments including Corporate and Commercial Specialty; Community, Consumer and Business; and Risk Management.
The price of Associated Banc-Corp shares has reached $25.21, which is 1.2% off the 52-week high of $25.50. Associated Banc-Corp has a market cap of $151.93 billion; its shares were traded around $25.21 with a P/E ratio of 16.59 and P/S ratio of 2.83. Associated Banc-Corp had an annual average earnings growth of 61.70% over the past five years.
The company recently reported a net interest income of $177 million for the second quarter of 2016, up $5 million, or 3%, from the first quarter. Meanwhile, there was a noninterest income of $82 million, down $1 million from the prior quarter. Last, total dividends per common share were 11 cents in the quarter, up 10% from the year-ago quarter.
Alphabet reached the 52-week high of $804.60
The company changed its name from Google to Alphabet Inc. (GOOGL, Financial) on Oct. 5, 2015 and created a new entity named Google Inc. which became the wholly owned direct subsidiary of Alphabet Inc., the new public holding company.
Alphabet operates through subsidiaries including Google, which is engaged in improving the ways people connect with information. The Google products include Search, Android, YouTube, Apps, Maps and Ads. The company's Search technologies sort through an ever-growing amount of information to deliver relevant and useful search results in response to user queries. It integrates features into its search service and offers specialized search services to help users tailor their searches.
The price of Alphabet shares has reached $804.60, which is 1.9% off the 52-week high of $819.86. Alphabet has a market cap of $552.98 billion; its shares were traded around $804.60 with a P/E ratio of 31.16 and P/S ratio of 6.85. Alphabet had an annual average earnings growth of 22.40% over the past 10 years. GuruFocus rated Alphabet the business predictability rank of 3.5-star.
The company reported revenue of $21.5 billion for the second quarter, a 21% increase from the second quarter of 2015. GAAP operating income was $5.9 billion, a 28% increase from 2015. GAAP net income was $4.8 billion, a 24% increase.
Brookfield Asset Management reached the 52-week high of $35.57
Brookfield Asset Management Inc. (BAM, Financial) owns and operates assets with a focus on property, renewable energy, infrastructure and private equity. Its segments include Asset Management, Property, Renewable Energy, Infrastructure, Private Equity, Residential Development, Service and Corporate.
Asset management operations consist of managing its listed partnerships, private funds and public markets on behalf of its clients and itselves. Property operations include the ownership, operation and development of office, retail, industrial, multifamily, hotel and other properties. Renewable energy operations include the ownership, operation and development of hydroelectric, wind power and other generating facilities. Infrastructure operations include the ownership, operation and development of utilities, transport, energy, timberland and agricultural operations.
The price of Brookfield Asset Management shares have reached $35.57, which is 1.6% off the 52-week high of $36.13. Brookfield Asset Management has a market cap of $34.11 billion; its shares were traded around $35.57 with a P/E ratio of 26.71 and P/S ratio of 1.47. Brookfield Asset Management's trailing 12-month dividend yield is 1.43%. The forward dividend yield is 1.46%. Brookfield Asset Management had an annual average earnings growth of 11.10% over the past 10 years. GuruFocus rated Brookfield Asset Management the business predictability rank of 4-star.
The company reported net income of $584 million for the second quarter, a steep decrease from the $1.1 billion reported in 2015. Net income per share was 15 cents, down from 62 cents reported last year. Last, annualized fee revenues increased 24% from the second quarter of 2015 to $1.2 billion.
Teck Resources reached the 52-week high of $19.45
Teck Resources Ltd. (TCK, Financial) is the continuing company resulting from the merger in 1963 of the interests of The Teck-Hughes Gold Mines Ltd., Lamaque Gold Mines Limited and Canadian Devonian Petroleum Ltd., companies incorporated in 1913, 1937 and 1951.
The company is engaged in mining and related activities including exploration, development, processing, smelting, refining and reclamation. Its products include steel making coal, copper, zinc and lead. It also produces precious metals, molybdenum, electrical power, fertilizers and other metals. Metal products are sold as refined metals or concentrates. It also owns an interest in a wind power facility and in certain oil sands leases and has a partnership interest in an oil sands development project now under construction.
The price of Teck Resources shares has reached $19.45, which is -1.9% off the 52-week high of $19.08. Teck Resources has a market cap of $11.21 billion; its shares were traded around $19.45 with a P/S ratio of 1.93. Its trailing 12-month dividend yield is 0.38%. Teck Resources' forward dividend yield is 0.41%.
The company reported that profit attributable to shareholders for the second quarter was $15 million (3 cents per share) compared with $63 million (11 cents per share) a year ago. Adjusted profit attributable to shareholders was $3 million, or 1 cent per share, compared with $79 million, or 14 cents per share, in 2015. Gross profit before depreciation and amortization was $536 million in the second quarter compared with $676 million in the second quarter of 2015.
Disclosure: I do not own these stocks.
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