According to GuruFocus' list, these stocks have reached their 52-week highs.
Corning reached the 52-week high of $29.69
Corning Inc. (GLW, Financial) is the leading manufacturer and supplier of specialty glass and ceramics. Its segments are Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences.
Corning is the leading supplier of advanced glass substrates used in LCDs, fiber-optic cabling and a variety of other materials science products. Although headquartered in New York, the company's operations and geographic reach span the globe with the majority of Corning's revenue generated from the Asia-Pacific region.
The price of Corning shares has reached $29.69, which is 0.7% off the 52-week high of $29.90. Corning has a market cap of $27.32 billion; its shares were traded at $29.69 with a price-earnings (P/E) ratio of 8.20 and a price-sales (P/S) ratio of 3.25. Corning's trailing 12-month dividend yield is 1.95%. The forward dividend yield is 2.09%. Corning had an annual average earnings growth of 10.30% over the past 10 years. GuruFocus rated Corning the business predictability rank of 3-star.
The company reported strong first-quarter results that demonstrate the company’s continued positive momentum. Compared to the first quarter of 2016 GAAP EPS increased 43 cents to 7 cents; core EPS rose 39% to 39 cents; GAAP and core sales increased 16% and 14% to $2.38 billion and $2.49 billion.
Executive Vice President Clark S. Kinlin sold 40,717 shares for $29.62 per share on June 1. The stock price has increased by 0.24% since.
Chubb reached the 52-week high of $145.14
Chubb Ltd. (CB, Financial) provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance and life insurance to a diverse group of clients.
ACE acquired Chubb in first-quarter 2016 and assumed the Chubb name. The combination makes the new Chubb one of the largest domestic property and casualty insurers with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance and life insurance.
The price of Chubb shares has reached $145.14, which is 0.1% off the 52-week high of $145.28. Chubb has a market cap of $69.64 billion; its shares were traded at $145.14 with a P/E ratio of 14.29 and P/S ratio of 2.13. Chubb's trailing 12-month dividend yield and forward dividend yield are both 1.90%. Chubb had an annual average earnings growth of 4.40% over the past 10 years.
The company reported a net income for the quarter ended March 31 of $1.093 billion, or $2.31 per share, compared with $439 million, or 97 cents per share, for the same quarter last year. Operating income was $1.175 billion, or $2.48 per share, compared with $1.019 billion, or $2.26 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 87.5% for the quarter. Book value per share increased 1.7% and tangible book value per share increased 3.1% from Dec. 31, 2016; they now stand at $105.35 and $62.52.
Executive Vice President Paul J. Krump sold 14,563 shares for $141.84 per share on May 30. The stock price has increased by 2.33% since.
DTE Energy reached the 52-week high of $110.93
DTE Energy Co. (DTE, Financial)Â is engaged in utility operations. Its segments include electric, gas and nonutility operations. DTE Energy owns two regulated utilities: Detroit Edison and DTE Gas.
Detroit Edison is the nation's 12th-largest electric utility, supplying energy to 2.2 million customers in southeastern Michigan. DTE Gas is the nation's 10th-largest natural gas local distribution company and has 1.2 million customers. In addition, DTE has material nonstate-regulated businesses, including energy marketing and trading, gas transportation and storage and on-site industrial energy projects.
The price of DTE Energy shares has reached $110.93, which is 0.2% off the 52-week high of $111.18. DTE Energy has a market cap of $19.9 billion; its shares were traded at $110.93 with a P/E ratio of 19.53 and P/S ratio of 1.76. DTE Energy's trailing 12-month dividend yield is 2.84%. The forward dividend yield is 2.97%. DTE Energy had an annual average earnings growth of 0.20% over the past 10 years.
The company reported first-quarter earnings of $400 million, or $2.23 per diluted share, compared with $247 million, or $1.37 per diluted share in 2016. Reported earnings were higher driven in large part by DTE Energy’s businesses outside of its utilities. The combined reported earnings at the utilities were flat. Operating earnings for the first quarter were $322 million, or $1.79 per diluted share, compared with 2016 operating earnings of $274 million, or $1.52 per diluted share.
Intuitive Surgical reached the 52-week high of $924.69
Intuitive Surgical Inc. (ISRG, Financial) designs, manufactures and markets da Vinci Surgical Systems and related instruments and accessories. Intuitive Surgical develops, produces and markets a robotic system for assisting minimally invasive surgery.
Intuitive Surgical also provides the instrumentation, disposable accessories and warranty services for the system. The firm has placed roughly 4,000 da Vinci systems in hospitals worldwide with 2,600 installations in the U.S. and a growing number in emerging markets.
The price of Intuitive Surgical shares has reached $924.69, which is 0.3% off the 52-week high of $927.50. Intuitive Surgical has a market cap of $34.07 billion; its shares were traded at $924.69 with a P/E ratio of 46.58 and P/S ratio of 13.04. Intuitive Surgical had an annual average earnings growth of 19.10% over the past 10 years. GuruFocus rated Intuitive Surgical the business predictability rank of 2-star.
First-quarter revenue was $674 million, an increase of approximately 13% compared with $595 million in the first quarter of 2016. Higher first-quarter revenue was driven by growth in recurring instrument, accessory and service revenue and higher systems revenue. First-quarter income from operations increased to $192 million compared with $179 million in the first quarter of 2016. First quarter non-GAAP income from operations increased to $264 million compared with $229 million in the first quarter of 2016. First-quarter GAAP net income was $180 million, or $4.67 per diluted share, compared with $136 million, or $3.54 per diluted share, for the first quarter of 2016.
Executive Vice President - Product Operations Salvatore Brogna sold 1,306 shares for $915.09 per share on June 1. The stock price has increased by 1.05% since.
Salesforce.com reached the 52-week high of $90.86
Salesforce.com Inc. (CRM, Financial) provides enterprise cloud computing solutions, offering social and mobile cloud apps and platform services as well as professional services to facilitate the adoption of its solutions.
Salesforce.com is the largest pure-play software-as-a-service company in the world, offering customer relationship management applications around sales, customer service, marketing and analytics. It also offers a full-featured platform-as-a-service in addition to its application marketplace AppExchange. Founded in 1999, Salesforce.com has three application clouds that deliver more than $1 billion in annual revenue each while sales are split roughly 75/25 between the Americas and the rest of the world.
The price of Salesforce.com shares has reached $90.86, which is 1.0% off the 52-week high of $91.81. Salesforce.com has a market cap of $64.71 billion; its shares were traded at $90.86 with a P/E ratio of 478.21 and P/S ratio of 7.19. Salesforce.com had an annual average earnings growth of 17.00% over the past 10 years. GuruFocus rated Salesforce.com the business predictability rank of 3.5-star.
For 2018, the company has reported that total fiscal first-quarter revenue was $2.39 billion, an increase of 25% year over year, and 25% in constant currency. Subscription and support revenues were $2.2 billion, an increase of 24% year over year. Professional services and other revenues were $187 million, an increase of 32% year over year. First-quarter GAAP loss per share was (1 cent), and non-GAAP diluted earnings per share was 28 cents.
Chairman of the Board and CEO Marc Benioff sold 10,000 shares for $90.5 per share on June 2. The stock price has increased by 0.4% since.
Disclosure: I do not own these stocks.
