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!

5 Stocks Hit 52-Week Highs: Cost Plus, News Corp

Stocks in this article: NWSA CPWM FDO ADM VAL

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

Get Adobe Flash player

Family Dollar

The discount retailer declared Thursday a regular quarterly dividend of 21 cents a share. It will be paid on July 13.

"We believe FDO will experience higher levels of sales, given its merchandising initiatives, including food and HBA expansions, tobacco rollout, and cooler door expansion," Bank of America Merrill Lynch analysts wrote in a May 4 report. "FDO is doubling the number of cooler/freezer doors from 5 to 10 doors in ~1,300 new and existing stores. Additionally, where it makes financial sense, FDO will extend the number of doors to 18 in select new and renovated locations."

Shares of Family Dollar hit a 52-week high on Thursday of $70. The stock's 52-week low of $44.42 was set on Aug. 9.

Family Dollar's forward P/E is 16.23; the average for specialty retailers is 15.18. For comparison, Dollar Tree (DLTR) has a higher forward P/E of 17.96.

Fourteen of the 27 analysts who cover Family Dollar rated it hold. Eleven analysts gave the stock a buy rating and two rated it sell.

The stock has risen 19.74% year to date.

Archer Daniels Midland

"We are raising our 12-month target price to $37 and maintaining our outperform rating on ADM following 3Q earnings," Credit Suisse analysts wrote in a May 1 report. "While the results in the quarter were not great, the company executed well in a tough oilseeds environment and delivered better ethanol results than we feared. This reinforces our conviction that the company's transition to a more ROIC-focused management is working, and that ADM is set up for a much stronger FY 13. We expect ADM to benefit from a 12-14% increase in U.S. corn production, strong origination out of North America in the fall to compensate for the weak Brazilian soy crop, temporary shutdowns of 14-15 "destination" ethanol plants by competitors outside of the corn belt, and full realization of $150 million in savings from workforce reductions and the elimination of financial reporting redundancies by March, 2013."

Shares of Archer Daniels Midland hit a 52-week high Thursday of $33.98. The stock's 52-week low of $23.69 on Oct. 4.

Archer Daniels Midland's forward P/E is 10.8; the average for food products companies is 14.74. For comparison, Bunge (BG) has a lower forward P/E of 8.93.

Seven of the 15 analysts who cover Archer Daniels Midland rated it buy. Six analysts gave the stock a hold rating and two rated it sell.

The stock has risen 18.22% year to date.

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

Get Adobe Flash player

2 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