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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

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CLR $17.80 -2.10%
SLAB $39.18 0.49%
SCSS $20.69 1.60%
TSS $39.43 2.40%
AAPL $96.06 1.10%


Chart of I:DJI
DOW 16,148.81 +134.43 0.84%
S&P 500 1,874.80 +22.59 1.22%
NASDAQ 4,351.1890 +82.4260 1.93%

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