This Day On The Street
Continue to site
ADVERTISEMENT
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 Hitting 52-Week Highs: NI, DHR, HUB-B, TXT, RGR

NEW YORK ( TheStreet) - Shares of these stocks hit 52-week highs on Monday: NiSource (NI - Get Report), Danaher (DHR - Get Report), Hubbell (HUB.B - Get Report), Textron (TXT - Get Report) and Sturm Ruger (RGR - Get Report).

NiSource

Shares of the Merillville, Ind.-based energy company hit a 52-week high of $24.73 on Monday. The stock's 52-week low of $17.95 was set on Aug. 9.

NiSource's stock trades at an estimated price-to-earnings ratio for next year of 16.3X; the average for gas distribution companies is 18.39X. For comparison, Spectra Energy (SE) has a lower forward P/E of 15.59X; Oneok's (OKE) forward P/E is 19.94X.

Nine of the 11 analysts who cover NiSource rate at it hold. One analyst gives the stock a buy rating and another rates it at sell.

Analyst comment:

"We believe 2012 will have multiple positive catalysts for the shares including raising the dividend and establishing a payout policy, additional infrastructure opportunities in the Marcellus and Utica shale plays, and incremental detail around the transmission pipe modernization opportunity," KeyBanc Capital Markets analysts wrote in a March 21 report.

TheStreet Ratings gives NiSource a B grade with a buy rating and $31.83 price target.

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
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DHR $86.86 0.67%
HUB.B $97.71 0.38%
NI $16.46 1.00%
RGR $61.94 -0.44%
TXT $38.80 0.57%

Markets

Chart of I:DJI
DOW 16,374.76 +23.38 0.14%
S&P 500 1,951.13 +2.27 0.12%
NASDAQ 4,733.4970 -16.4820 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs