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4 Stocks Hitting 52-Week Highs: MSFT, ALXN, DLTR, LULU

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Alexion Pharmaceuticals

The biotechnology company Thursday reported fourth-quarter earnings of $48.2 million, up 82% from a profit of $26.5 million in the same period a year earlier.

"We believe Alexion is following a similar pattern of providing conservative and beatable guidance," Piper Jaffray analysts wrote in a Thursday report. "Thus, we remain comfortable with our 2012 estimates, which assume above guidance revenue of $1.12bn (vs. $1.04- $1.07bn) and an in line earnings estimate of $1.71 (vs. $1.60-$1.70), which suggests that spending will likely decrease."

Shares of Alexion hit a 52-week high Thursday of $83.10. The stock's 52-week low of $42.04 was set on Feb. 10, 2011.

Alexion has a forward P/E of 36.62X; the average for biotechnology companies is 31.05X. For comparison, Life Technologies (LIFE) and United Therapeutics (UTHR) both have lower forward P/Es of 11.48X and 7.45X respectively.

Seventeen of the 23 analysts who cover the company rated it a buy. Six analysts gave the stock a hold rating.

Alexion gets a B+ grade from TheStreet Ratings with a $102.09 price target on the shares. The stock has increased 12.45% year to date.

Lululemon Athletica

The stock saw a sizable insider exit earlier this week when Dennis Wilson, a director, sold 115,300 shares for $7.5 million.

"As we noted in our December 2 upgrade of lululemon athletica (LULU-NASDAQ) from UNDERWEIGHT to BUY, we think the Company has some of the strongest growth prospects in our coverage universe due to its compelling product and unique store environment; the 4Q results reinforce our thesis," KeyBanc Capital Markets analysts wrote in a Jan. 11 report.

Shares of Lululemon hit a 52-week high of $65.79 on Thursday. The stock's 52-week low of $36.35 was set on March 2.

Lululemon has a forward P/E of 41.09X; the average for clothing and accessories companies is 26.15X. For comparison, Gildan Activewear (GIL) has a lower forward P/E of 11.21X.

Of the 23 analysts who cover the company, 13 gave it a buy rating. Nine analysts said the stock is a hold and one rated it a sell.

TheStreet Ratings gives Lululemon a B+ grade and has a $83.41 price target on the shares. The stock has risen 40.85% year to date.

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ALXN $166.07 0.00%
DLTR $66.95 0.00%
LULU $51.12 0.00%
MSFT $45.57 0.00%
AAPL $110.38 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

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