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4 Stocks Hitting 52-Week Highs: SCSS, CLR, TSS, SLAB

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Silicon Laboratories

The semiconductor company reported fourth-quarter earnings of $12.8 million compared with $12.9 million a year earlier. Profit rose on a per-share basis to 29 cents a share from 28 cents. Adjusted earnings, excluding items, in the latest fourth quarter were 49 cents a share.

Revenue rose 13% to $126.7 million.

Silicon Laboratories said it anticipates that first-quarter revenue will be between $120 million and $125 million. This is a decrease of 1% to 5% sequentially, William Blair analysts wrote in a report.

Shares of Silicon Laboratories hit a 52-week high of $48.50 on Wednesday. The stock's 52-week low is $30.36.

Silicon Laboratories gets a B- grade from TheStreet Ratings and a price target of $52.31. The stock has increased 7.68% year to date.

-- Written by Alexandra Zendrian



>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

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SYM TRADE IT LAST %CHG
CLR $51.53 0.00%
SCSS $32.66 0.00%
SLAB $51.81 0.00%
TSS $38.11 0.00%
AAPL $124.75 0.00%

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