(Updated with additional information and stock price movement.)
NEW YORK (
TheStreet) -- A wealth of healthy buying in recent weeks led a variety of blue chips to hit fresh 52-week highs on Monday, including technology darling
(AAPL - Get Report) and Dow Jones industrial average components
Jim Cramer told the viewers of his
"Mad Money" TV show last week the
52-week high list tells us everything we need to know about the market, though it's not the number of companies hitting 52-week highs that's important, it's the number of industries represented on the list.
>>Cramer's 'Mad Money' Recap: 52-Week High Breakout
He explained that just a month ago, there were only three industries on the list, and they represented people's fears of the market. But today, there's an astounding 25 different industries rpresented, a diverse swath of our economy.
Ranked by volume, the most heavily-traded stock to hit a fresh 52-week high Monday was
L-1 Identity Solutions
, holding steady in afternoon trading around $11.65.
L-1 Identity, a maker of high-tech recognition and security systems, agreed to be acquired by France's
Safran for $12 a share, or $1.6 billion including debt
rose as high as $6.31 in trading Monday.
Shares of Apple rose to a fresh 52-week high of $283.78 on Monday.