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

7 Stocks Hit 52-Week Highs

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

Get Adobe Flash player

Discover Financial

"Master Trust data continue to point to favorable trends in credit quality," Sterne Agee analysts wrote in a April 16 report. "We expect modest overall loan growth, but increased spend and increases in related revenues."

Shares of Discover Financial hit a 52-week high on Tuesday of $34.75. The stock's 52-week low of $20.51 was set on Aug. 8.

Discover's forward P/E is 8.97; the average for consumer financial companies is 10.17. For comparison, Visa (V) has a higher forward P/E of 17.87.

Twenty of the 27 analysts who cover Discover rated it buy; seven analysts gave the stock a hold rating.

The stock has risen 44.04% year to date.






PNC Financial

"While linked-quarter comparisons are difficult following the closing of the RBC acquisition in 1Q12, operating trends generally remained strong," Goldman Sachs analysts wrote in an April 18 report. "Excluding acquired RBC assets, we estimate 1.4% linked quarter loan growth (3.7% commercial, -1.6% consumer) and flat net interest income. Fee income increased 7% linked quarter, largely due to better asset management (equity market driven), a strong quarter of mortgage banking (originations up 13%, gain-on sale wider similar to other peers), and some benefit from the RBC acquisition."

Shares of PNC hit a 52-week high Tuesday of $67.89. The stock's 52-week low of $42.70 on Aug. 23.

PNC's forward P/E is 9.88; the average for its peers is 11.05. For comparison, BB&T (BBT) has a higher forward P/E of 10.9.

Twenty-three of the 35 analysts who cover PNC rated it buy. Fourteen analysts gave the stock a hold rating and one rated it sell.

The stock has risen 17.22% year to date.

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

Get Adobe Flash player

3 of 4

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
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!
SYM TRADE IT LAST %CHG
CMCSA $58.77 -0.19%
DFS $58.85 0.34%
INTC $32.59 0.28%
PNC $91.22 0.44%
VZ $50.46 0.76%

Markets

DOW 18,086.01 +48.04 0.27%
S&P 500 2,111.50 +2.58 0.12%
NASDAQ 5,064.4030 +4.1570 0.08%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs