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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 $32.28 1.51%
SLAB $42.98 -0.23%
SCSS $25.79 0.62%
TSS $47.07 1.14%
AAPL $114.64 -3.21%

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

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