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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

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

Stocks in this article: MSFT ALXN DLTR LULU

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

Get Adobe Flash player

Whole Foods Market

The supermarket operator reported fiscal first-quarter earnings of $118.3 million, or 65 cents a share, on Wednesday, beating Wall Street's consensus view by a nickel.

"A better than expected 1Q12 appears to be further evidence that Whole Foods is hitting on all cylinders as steady, robust sales meet impressive cost controls and margin performance," Jefferies analysts wrote in a report Thursday. "With secular trends providing a nice tailwind, we believe Whole Foods will continue its strong sales and earnings growth through FY13 and beyond."

Shares of Whole Foods Market hit a 52-week high of $82.36 on Thursday. The stock's 52-week low of $52.52 was set a year ago.

Whole Foods Market has a forward P/E of 30.65X; the average for its peers is 30.62X. For comparison, Sysco (SYY) and Kroger (KR) both have lower forward P/Es of 14.24X and 10.67X respectively.

Fourteen of the 24 analysts who cover the company rated it a buy. Nine gave Whole Foods Market a hold rating and one rated it a sell.

Whole Foods Market gets an A grade from TheStreet Ratings and $99.23 price target. The stock has increased 18.29% year to date.

Dollar Tree

The discounted retailer was initiated with an overweight rating and a $100 price target by JPMorgan on Thursday.

"In our view, DLTR represents a multi-year core portfolio holding with sustainable 20%+ EPS growth driven by a rare combination of (1) top-line (+ traffic & ticket, HSD Sq Ft growth; $50K+ core base), (2) margin expansion (GPM & SG&A drivers), and (3) balance sheet levers (6.5% FCF yield, 15.5% debt/cap)," JPMorgan analysts wrote in a report Thursday. "Taking a step back, DLTR's investment profile is among the best in retail today given consistency and growth - more than justifying the next leg higher for shares, in our view."

Shares of Dollar Tree hit a 52-week high on Thursday of $86.87. The stock's 52-week low of $48.51 was set on Feb. 23.

Dollar Tree has a forward P/E of 18.14X; the average for specialty retailers is 16.8X. Both Bed Bath & Beyond (BBBY) and Best Buy (BBY) have lower forward P/Es of 13.62X and 6.83X respectively.

Fourteen of the 24 analysts who cover the stock rated it a buy. Ten analysts gave Dollar Tree a hold rating.

TheStreet Ratings gives Dollar Tree an A grade and has a $112.91 price target on the shares. The stock has increased 4.43% year to date.

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

Get Adobe Flash player

-- Written by Alexandra Zendrian in New York.

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

>To submit a news tip, send an email to:

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

3 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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