4 Stocks Hitting 52-Week Highs: AAPL, SBUX, TSCO, TGI

NEW YORK ( TheStreet) -- These four companies reached 52-week highs on Tuesday: Apple ( AAPL), Starbucks ( SBUX), Tractor Supply ( TSCO) and Triumph Group ( TGI).

Each of these stocks received a buy rating from TheStreet Ratings.

Apple

The iPad and iPhone maker on Tuesday named John Browett, CEO of European electronics retailer Dixons, to lead the tech giant's retail expansion.

Browett will join Apple in April. He replaces Ron Johnson, who left Apple in November to run J.C. Penney.

Apple's first-quarter results last week blew away expectations with $46.33 billion in revenue and profit of $13.06 billion, or $13.87 a share. Analysts anticipated about $39 billion in revenue and profit of $10.15 a share.

Morgan Keegan analysts noted in a Jan. 26 report that they expect iPhone versus non-iPhone sales to become more "lopsided when Sprint's data comes out."

"Non-iPhone smartphones actually decreased between Q3 and Q4 breaking a normally positive seasonal trend. To us this indicates that Apple took some subscriber share this quarter as well, and did not just benefit from iPhone fanatics upgrading," Morgan Keegan analysts wrote in the report.

Shares of Apple hit a 52-week high of $458.24 on Tuesday. The stock's 52-week low of $310.50 was set on June 20.

TheStreet Ratings gives Apple an A+ grade with a price target of $583.58. The stock has risen 13.05% year to date.

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Starbucks

The coffee retailer is opening locations in India through its joint venture with Tata Global Beverages, a deal that was announced Monday. Spots in Delhi and Mumbai are slated to open this year.

McAdams, Wright, Regan analysts reiterated their hold rating on Starbucks in a report on Jan. 27.

"We recognize that Starbucks is firing on all cylinders in many respects, but the stock trades at 26x our FY12 earnings estimate, which is a healthy multiple in our opinion," the analysts said in the report.

Shares of Starbucks hit a 52-week high of $48.62 on Tuesday. The stock's 52-week low of $31.17 was set on Feb. 24.

Starbucks receives an A+ grade from TheStreet Ratings and a $63.45 price target. The stock increased 4.22% year to date.


Tractor Supply

The retail farm and ranch store operator is scheduled to report fourth-quarter earnings on Wednesday. Analysts, on average, expect profit of 92 cents a share on revenue of $1.22 billion.

Shares of Tractor Supply hit a 52-week high of $82.50 on Tuesday. The stock's 52-week low of $49.02 was set on Aug. 8.

TheStreet Ratings gives Tractor Supply an A grade with a $104.79 price target. The stock has risen 15.12% year to date.

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Triumph Group

The aircraft component manufacturer reported third-quarter earnings Monday of $67.2 million, or $1.29 a share, an increase from the prior-year's profit of $45 million, or 88 cents.

"The story for the stock is the synergies from the Vought acquisition, and the Aerostructures margin," Wedbush analysts wrote in a report on Monday. "We believe that on this front, the company again demonstrated the power of the leverage in its operating model, and we believe current estimates are conservative."

Shares of Triumph Group hit a 52-week high on Tuesday of $63. The stock's 52-week low of $39.84 was set on April 18.

Triumph Group gets an A- grade from TheStreet Ratings with a $78.44 price target. The stock has risen 6.66% year to date.

-- Written by Alexandra Zendrian

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