According to GuruFocus' list of 52-week highs, these stocks have reached their 52-week highs.
Medtronic reached the 52-week high of $88.66
Medtronic PLC (MDT, Financial) is a medical technology company. One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products and surgical tools. The company markets its products to health care institutions and physicians in the United States and overseas. Foreign sales account for about 45% of the company's total sales.
The price of Medtronic shares has reached $88.66, which is 1.6% off the 52-week high of $90.04. Medtronic has a market cap of $119.84 billion; its shares were trading around $88.66 with a price-earnings ratio of 39.23 and a price-sales ratio of 4.04. The trailing 12-month dividend yield is 2.12%. The forward dividend yield is 2.26%. Medtronic had an annual average earnings growth of 6.90% over the last 10 years. GuruFocus rated Medtronic's business predictability 4.5 out of 5 stars.
Medtronic recently announced financial results for its fourth quarter and fiscal year 2018, which ended April 27. The company reported quarterly worldwide revenue of $8.144 billion, an increase of 2.9% as reported or 6.5% on an organic basis, which adjusts for the divestiture of its Patient Care, Deep Vein Thrombosis (Compression) and Nutritional Insufficiency businesses to Cardinal Health (CAH) and a $315 million positive impact from foreign currency.
As reported, fourth-quarter GAAP net income and diluted earnings per share were $1.460 billion and $1.07 respectively. Non-GAAP net income and diluted earnings per share were $1.942 billion and $1.42.
Waste Management reached the 52-week high of $89.65
Waste Management Inc. (WM, Financial) provides waste management and environmental services. The company is also a leading recycler in North America.
The price of Waste Management shares has reached $89.65, which is 0.2% off the 52-week high of $89.79. The company has a market cap of $38.43 billion; its shares were traded around $89.65 with a price-earnings ratio of 18 and a price-sales ratio of 2.68. The trailing 12-month dividend yield is 1.99%. The forward dividend yield is 2.07%. Waste Management had an annual average earnings growth of 1.50% over the past decade.
The company recently announced financial results for the quarter ended June 30. Revenues for the second quarter were $3.74 billion, compared with $3.68 billion in the prior-year quarter. Net income was $499 million, or $1.15 per diluted share, compared with $362 million, or 81 cents per diluted share, a year ago. On an adjusted basis, net income was $438 million, or $1.01 per diluted share, in the second quarter.
Director Patrick W. Gross sold 406 shares of Waste Management on July 18 for $83.22 per share. The stock price has increased by 7.73% since then.
Williams Partners reached the 52-week high of $43.84
Williams Partners LP (WPZ, Financial) is an energy infrastructure company that owns the Transco and Northwest natural gas pipeline systems.Â
The price of Williams Partners shares has reached $43.84, which is 1.8% off the 52-week high of $44.64. The company has a market cap of $42.82 billion; its shares were traded around $43.84 with a price-earnings ratio of 71.85 and a price-sales ratio of 5.18. The trailing 12-month dividend yield is 5.51%. The forward dividend yield is 5.74%.
Mosaic reached the 52-week high of $29.78
Mosaic Co. (MOS, Financial) is a leading producer of primary crop nutrients phosphate and potash. The company's assets include phosphate rock mines in Florida and potash mines in Saskatchewan and New Mexico.Â
The price of Mosaic shares has reached $29.78, which is 1.3% off the 52-week high of $30.18. The company has a market cap of $11.48 billion; its shares were traded around $29.78 with a price-sales ratio of 1.38. The trailing 12-month dividend yield is 0.76%. The forward dividend yield is 0.34%.
Praxair reached the 52-week high of $166.43
Praxair Inc. (PX, Financial) is a supplier of gas in the United States. Its products include oxygen, helium, nitrogen and specialty gases.Â
The price of Praxair shares has reached $166.43, which is 1.3% off the 52-week high of $168.54. The company has a market cap of $47.86 billion; its shares were traded around $166.43 with a price-earnings ratio of 34.67 and a price-sales ratio of 4.05. The trailing 12-month dividend yield is 1.94%. The forward dividend yield is 1.98%. Praxair had an annual average earnings growth of 5.10% over the last 10 years.
Praxair recently reported second-quarter net income of $480 million and diluted earnings per share of $1.65. Praxair's sales were $3,061 million, an 8% increase from the prior-year quarter, driven by higher pricing and volume growth across all segments. Operating profit was $689 million, 14% higher than the prior-year quarter.
Disclosure: I do not own the stocks discussed.
