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3 Stocks Reach 52-Week Highs: MAT, CVS, MHS

NEW YORK ( TheStreet) -- Shares of CVS Caremark (CVS - Get Report), Medco Health Solutions (MHS) and Mattel (MAT - Get Report) hit 52-week highs on Friday.

Each of the stocks received a buy rating from TheStreet Ratings.

CVS Caremark

The drugstore chain may be considering a bid for Cigna's (CI) pharmacy benefit management division, according to Bloomberg, which cited Leerink Swann analyst David Larsen.

Shares of CVS Caremark hit a 52-week high on Friday of $45.54. The stock's 52-week low of $31.30 was set on Aug. 9.

CVS Caremark has an estimated price-to-earnings ratio for next year of 12.34; the average for drug retailers is 12.32. For comparison, Walgreen (WAG) has a lower forward P/E of 11.44.

Twenty-two of the 26 analysts who cover CVS Caremark rated it buy. Three analysts gave the stock a hold rating and one rated it sell.

TheStreet Ratings gives CVS Caremark an A+ grade with a buy rating and a $58.18 price target. The stock has risen 11.67% year to date.

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SYM TRADE IT LAST %CHG
MHS $70.30 0.00%
CVS $98.74 -1.42%
MAT $27.62 -0.79%
AAPL $125.80 -2.25%
FB $77.56 -1.59%

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