Kellogg, Altria Lead High-Flying Stocks

BOSTON (TheStreet) -- Major indices rallied on Friday and several blue-chip stocks climbed to 52-week highs.

Cognizant Technology Solutions(CTSH Quote) climbed 1.5% to $44.83. The information technology consultant beat analysts' third-quarter earnings estimate and was recently upgraded to "Outperform" at Wells Fargo(WFC Quote).

Our take: We rate Cognizant "buy." Third-quarter net income increased 21% to $137 million, or 45 cents a share, as revenue grew 16% to $853 million. Cognizant has an ideal financial position, with $1.1 billion of cash and no debt. Over the past three years, earnings per share have grown 31% annually, on average. We give Cognizant a growth score of 9.3 out of 10, higher than the "buy"-list average.