This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

8 Stocks Hitting New Highs Today

News Corp.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

News Corp. (NWSA - Get Report) is a diversified global media company. This stock is trading down 0.5% at $18.39 in recent trading after hitting a 52-week high of $18.66 earlier in the day.

Today's Range: $18.32-$18.66

52-Week Range: $13.38-$18.52

Volume: 5,440,000

Three-Month Average Volume: 19,583,100

News Corp. has a market cap of $46.3 billion and an enterprise value of $50.62 billion. The stock trades at a trailing price-to-earnings of 18.03 and a forward price-to-earnings of 10.93. Its estimated growth rate for this year is 16.9%, and for next year it's pegged at 21.7%. The current short interest as a percentage of the float for News Corp is very low at 2.2%.

From a technical standpoint, NWSA recently triggered a breakout trade when the stock moved above some past overhead resistance at $18 to $18.24.

Market players should continue to look for long biased trades as long as NWSA can continue its current trend above $18 to $18.24. Any future move below those breakout levels with volume would mean that this recent breakout is a failed technical move.

News Corp., one of TheStreet Ratings' top-rated media stocks, shows up on a recent list of 7 U.S. Stock Picks for 2012 From Addison Capital. It was also featured recently in " 5 Stocks Hedge Funds Favor for 2012."

8 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
VPHM $49.96 -0.02%
ZUMZ $40.25 0.00%
ALXN $173.30 0.00%
ARIA $8.24 0.00%
BMRN $124.62 0.00%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs