NEW YORK (
) -- A wealth of healthy buying in recent weeks led a variety of blue chips to hit fresh
on Monday including technology darling
( GYMB) and chemical manufacturer
Jim Cramer told the viewers of his
TV show recently the
tells us everything we need to know about the market, though it's not the number of companies hitting 52-week highs that's important, it's the number of industries represented on the list.
He explained that earlier in the quarter there were only three industries on the list, and they represented people's fears of the market. Today, there are dozens of industries represented, a diverse swath of our economy.
Here's a list of 10 stocks landing on the 52-week-high list on Monday, ranked by volume.
The most heavily-traded stock to hit a fresh 52-week high Monday was Gymboree. The children's apparel retailer's shares soared to an all-time high of $65.18 on more than 13 times their average trading volume.
Gymboree announced Monday it will be bought out by private-equity firm
for $1.8 billion, or $65.40 a share.
Casino and hotel operator
Las Vegas Sands
saw its shares climb to a fresh 52-week high of $38.47 on Monday.
Sterne Agee analyst David Bain upped his third-quarter earnings forecast for the casino operator to $538.1 million from $512 million last week, and raised his price target on the stock to $45 from $35.
Macau's 40% jump in gaming revenue in September is also helping Las Vegas Sands.
hit another annual high Monday, trading up to $28.10 in morning activity, after topping 52-week highs Friday.
Billionaire Larry Ellison-led Oracle agreed to acquire Passlogix, a provider of enterprise single sign-on (ESSO) software, last week. Financial details of the transaction were not divulged but the deal is expected to close this year.
Solar wafer producer
shares were up more than 15% in afternoon trades, reaching a new high of $11.49.
LDK Solar raised its third-quarter guidance for revenue and wafer shipments before the opening bell. LDK now expects third-quarter revenue of $610 million to $640 million, up from a previous forecast of revenue of $570 million to $600 million.
The company also revised higher its wafer shipments outlook to a range of 550 megawatts to 570 megawatts, from its prior outlook of 520MW to 550MW. Solar module shipments in the third quarter are expected at 80MW to 90MW, up from 75MW to 85MW.
Apple shares continued their ascent that began in late August, peaking at $297.12 on Monday. Last week the iPhone maker saw its price target upped by analysts from Bank of America and Oppenheimer, to $400 from $360 and to $345 from $330, respectively.
also shot up to fresh annual heights on Monday. The stock rose to $28.98.
Texas Instruments is expected to release third quarter financial results after the closing bell on Oct. 18. Wall Street's current consensus estimate is for earnings of 69 cents per share on revenue of $3.69 billion in the September period. Last month, the chip maker announced plans to buy back up to $7.5 billion worth of its common stock and increased its quarterly dividend by 8.3% to 13 cents per share.
Another solar energy name was on Monday's list. Chinese solar cell leader
saw its shares climb to a fresh annual high of $9.54, a level it last reached in 2008.
JA Solar announced last week another 100 megawatts in 2011 orders from
. Last year, BP shuttered its solar manufacturing plant in Maryland and began a relationship with JA Solar. The extension of the BP Solar agreement with JA Solar is for 185 MW in 2011, though 85 MW was announced earlier this year by JA Solar.
Communications services provider
rose to a fresh 52-week high of $8.60 on Monday.
Airgas rose to a new annual height of $70 on Monday after announcing it will appeal a Delaware court ruling that complicated its $5.5 billion hostile takeover bid by
Air Products & Chemicals
gold and molybdenum miner
saw its shares climb to a new annual height of $96.57 on Monday.
Base metals traded higher in the session with copper's three-month delivery up 0.9% to touch $8,388 per metric tonne on the London Metal Exchange. Gains were buoyed by expectations of more stimulus from the Federal Reserve.
-- Written by Miriam Marcus Reimer in New York.
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