Five Companies Reach 52-Week Highs

As of late, multiple companies have achieved yearly highs

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Jul 28, 2020
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According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.

Advanced Micro Devices reached the 52-week high of $69.40

Advanced Micro Devices Inc. (AMD, Financial) designs and produces microprocessors for the computer and consumer electronics industries. The majority of the firm's sales are in the computer market via CPUs and GPUs. The company acquired graphics processor and chipset maker ATI in 2006 to improve its positioning in the PC chain. In 2009, the firm spun out its manufacturing operations to form a foundry joint venture called GlobalFoundries.

The price of Advanced Micro Devices Inc. shares has reached $69.40, which is 0.8% off the 52-week high of $69.94. Advanced Micro Devices Inc. has a market cap of $81.28 billion; its shares were traded around $69.40 with a price-earnings ratio of 161.40 and a price-sales ratio of 11.04.

The company recently announced the financial results for the first quarter of 2020. Revenue was $1.79 billion, up 40% year-over-year. Diluted earnings per share was $0.14 compared to diluted earnings per share of $0.01 a year ago.

Senior Vice President and General Manager Forrest Eugene Norrod sold 75,000 shares of Advanced Micro Devices stock on July 20, 2020, at the price of $55.25 per share. The price of the stock has increased by 25.61% since.

McCormick reached the 52-week high of $193.52

In its nearly 130-year history, American spice company McCormick & Co. Inc. (MKC, Financial) has become the leading global manufacturer, marketer and distributor of spices, herbs, extracts, seasonings and other flavorings. McCormick's customer base includes top quick-service restaurants, retail grocery chains and other packaged food manufacturers, with about 40% of sales generated outside the U.S. in 150 international markets. Beyond its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen and the recently acquired Frank's RedHot and French's brands.

The price of McCormick & Co. Inc. shares has reached $193.52, which is 1.7% off the 52-week high of $196.77. Mccormick & Co. Inc. has a market cap of $25.78 billion; its shares were traded around $193.52 with a price-earnings ratio of 34.81 and a price-sales ratio of 4.79. The trailing 12-month dividend yield of Mccormick & Co. Inc. stocks is 1.26%. The forward dividend yield of Mccormick & Co. Inc. stocks is 1.28%. Mccormick & Co. Inc. had an annual average earnings growth of 6.50% over the past 10 years. GuruFocus rated Mccormick & Co. Inc. the business predictability rank of 4-star.

McCormick & Company recently reported financial results for the second quarter ended May 31, 2020. Sales rose 8% in the second quarter from the year-ago period. In constant currency, the company grew sales by 10%. Earnings per share was $1.46 in the second quarter as compared to $1.12 in the year-ago period.

Executive Vice President and Chief Financial Officer Michael R. Smith sold 8,400 shares of McCormick and Co. stock on July 1, 2020 at the price of $180.10 per share. The price of the stock has increased by 7.45% since.

The Kraft Heinz Co. reached the 52-week high of $34.68

In July 2015, Kraft merged with Heinz to create The Kraft Heinz Co. (KHC, Financial), the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Planters, Ore-Ida and Philadelphia. Outside of North America, the firm's global reach includes a distribution network in Europe and emerging markets that drive around one-fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories around the world.

The price of The Kraft Heinz Co. shares has reached $34.68, which is 1.6% off the 52-week high of $35.25. The Kraft Heinz Co. has a market cap of $42.37 billion; its shares were traded around $34.68 with a price-earnings ratio of 22.09 and a price-sales ratio of 1.69. The trailing 12-month dividend yield of The Kraft Heinz Co. stocks is 4.61%. The forward dividend yield of The Kraft Heinz Co. stocks is 4.61%.

The Kraft Heinz Company recently reported first quarter 2020 financial results. Net sales were $6.2 billion, up 3.3% versus the year-ago period. Diluted earnings per share was $0.31.

Boston Beer reached the 52-week high of $828.34

Boston Beer Co. Inc. (SAM, Financial) is a leader in U.S. high-end malt beverages and adjacent categories, with strong positions in craft beer, hard cider and hard seltzer. The firm sells an array of flavor variants and package sizes, predominantly centered around four priority brands: Samuel Adams, Angry Orchard, Twisted Tea and Truly Hard Seltzer. Its drinks are produced in both company-owned breweries as well as through third-party contract arrangements, and while the company primarily goes to market through independent wholesalers (as mandated by law), it operates a fairly large salesforce to induce demand across the value chain.

The price of Boston Beer Co. Inc. shares has reached $828.34, which is 0.7% off the 52-week high of $834.11. Boston Beer Co. Inc. has a market cap of $10.11 billion; its shares were traded around $828.34 with a price-earnings ratio of 74.36 and a price-sales ratio of 6.91. Boston Beer Co. Inc. had an annual average earnings growth of 11.80% over the past 10 years. GuruFocus rated Boston Beer Co. Inc. the business predictability rank of 2.5-star.

The Boston Beer Company, Inc. recently reported second quarter 2020 results. Net revenue was $452.1 million, an increase of 42.0% from the same period last year. Earnings per diluted share were $4.88, an increase of $2.52 per diluted share from the second quarter of 2019.

Director Cynthia A. Fisher sold 240 shares of Boston Beer Co. stock on July 7, 2020 at the price of $570 per share. The price of the stock has increased by 45.32% since.

Fastenal reached the 52-week high of $45.74

Fastenal Co. (FAST, Financial) opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 2,100 stores, almost 1,200 on-site locations and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.

The price of Fastenal Co. shares has reached $45.74, which is 1.7% off the 52-week high of $46.54. Fastenal Co. has a market cap of $26.24 billion; its shares were traded around $45.74 with a price-earnings ratio of 31.54 and a price-sales ratio of 4.76. The trailing 12-month dividend yield of Fastenal Co. stocks is 2.06%. The forward dividend yield of Fastenal Co. stocks is 2.19%. Fastenal Co. had an annual average earnings growth of 11.90% over the past 10 years. GuruFocus rated Fastenal Co. the business predictability rank of 3.5-star.

Fastenal Company recently announced its financial results for the quarter ended June 30, 2020. Net sales increased $140.6, or 10.3%, in the second quarter of 2020 when compared to the second quarter of 2019. Diluted net earnings per share were $0.42 during the second quarter of 2020 compared to $0.36 during the second quarter of 2019, an increase of 16.7%.

Senior Executive Vice President Charles S. Miller sold 34,957 shares of Fastenal Co. stock on July 21, 2020 at the price of $45.31 per share. The price of the stock has increased by 0.95% since.

Note: I do not own the stocks discussed

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