This Day On The Street
Continue to site
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

5 Stocks Hit 52-Week Highs: DHI, NKE, HD, TOL, QCOM

NEW YORK ( TheStreet) -- Shares of the following stocks hit 52-week highs on Friday: D.R. Horton (DHI - Get Report), Nike (NKE - Get Report), Home Depot (HD - Get Report), Toll Brothers (TOL - Get Report) and Qualcomm (QCOM - Get Report).

D.R. Horton

The homebuilder was upgraded to an outperform rating from neutral by Credit Suisse analysts on Friday.

"We now expect orders for our coverage universe to increase 18% in 2012 and 19% in 2013, up from 11% and 15%, respectively," Credit Suisse analysts wrote in a report Friday. "Should the stronger traffic trends continue, we see potential for further upside to volume, as sales per community are approximately 33% below average historical levels (including the depressed recent years in that average)."

Shares of D.R. Horton hit a 52-week high on Friday of $15.46. The stock's 52-week low of $8.03 was set on Oct. 4.

D.R. Horton has an estimated price-to-earnings ratio for next year of 19.08 times; the average for home construction companies is 23.32. For comparison, PulteGroup (PHM) has a lower forward P/E of 17.67; Lennar's (LEN) forward P/E is 19.89.

Fourteen of the 22 analysts who cover D.R. Horton rated it hold. Six analysts gave the stock a buy rating and two rated it sell.

TheStreet Ratings gives D.R. Horton a B- grade with a buy rating and a $17.33 price target. The stock has risen 22.76% year to date.

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

Get Adobe Flash player
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DHI $29.67 -1.10%
HD $134.95 0.30%
NKE $59.07 -0.76%
QCOM $50.50 -0.45%
TOL $26.90 -0.15%


Chart of I:DJI
DOW 17,650.20 -100.71 -0.57%
S&P 500 2,050.15 -13.22 -0.64%
NASDAQ 4,724.0390 -39.1850 -0.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs