BOSTON (TheStreet) -- U.S. stocks rebounded Tuesday, with the Dow Jones Industrial Average rising above 10,000 after closing below that level yesterday for the first time since November. The Dow set pace for benchmarks, jumping 1.5% to 10,058. Here are three stocks that hit 52-week highs.
3. Harman International
jumped 16% to $41.19. Shares of the audio-products company, which reported quarterly results yesterday, rallied 11% during the past month.
: Harman swung to a fiscal second-quarter profit of $16 million, or 23 cents a share, from a loss of $317 million, or $5.41, a year earlier. Revenue climbed 24% to $937 million. Harman's operating margin stood at 7%. The company holds $630 million of cash and $580 million of debt.
: We rate Harman "sell." The stock nearly tripled during the past year, outperforming major U.S. indices. However, its shares are expensive relative to those of consumer-electronics peers based on projected earnings, book value and cash flow. Harman posted losses in four of the past five quarters.
2. Tyson Foods
climbed 2.1% to $15.41. Shares of the food-products company, which released quarterly numbers last Friday, rose 16% during the past month.
: Tyson swung to a fiscal first-quarter profit of $160 million, or 42 cents a share, from a loss of $102 million, or 29 cents, a year earlier. Revenue inched up 1.7% to $6.6 billion. Tyson's operating margin hit 4.6%. The company holds $1.5 billion of cash and $3.4 billion of debt.
: We rate Tyson "hold." The stock soared 63% in the past year, beating major U.S. indices. The shares are undervalued relative to those of food-products peers based on projected earnings, book value, sales and cash flow. Still, Tyson endured a difficult 2009, suffering losses in three quarters.
1. Capital One Financial
ascended 2% to $35.33 after
reiterated its "buy" rating on the stock. Shares of the credit-card company tumbled 17% during the past month.
: Capital One swung to a fourth-quarter profit of $376 million, or 89 cents a share, from a loss of $1.4 billion, or $3.67, a year earlier. Revenue declined 3.2% to $4 billion. Capital One's operating margin tagged 21%. The company holds $8.7 billion of cash and $21 billion of debt.
: We rate Capital One "hold." The stock more than doubled during the past year, outpacing major U.S. indices. The shares are cheap in comparison to those of consumer-finance peers based on projected earnings, book value and sales. They're expensive when weighing trailing earnings.
-- Reported by Jake Lynch in Boston.