NEW YORK ( TheStreet) -- These eight companies hit 52-week highs on Wednesday: Wal-Mart ( WMT), Union Pacific ( UNP), Comcast ( CMCSK), WellCare Health Plans ( WCG), Alexion Pharmaceuticals ( ALXN), AutoZone ( AZO), Arthur J Gallagher ( AJG) and IAC/InterActiveCorp ( IACI). Each of the stocks received a buy rating from TheStreet Ratings. Wal-Mart "Despite trading in a range over the last 12 years, we believe 2012 could be a break-out year for WMT stock," Bank of America Merrill Lynch analysts wrote in a report on Wednesday. The analysts noted that Wal-Mart's U.S. same-store sales are slated to continue improving and that "Walmart is positioning for successful e-commerce globally." Shares of Wal-Mart hit a 52-week high of $62.48 on Wednesday. The stock's 52-week low of $48.31 was set on Aug. 10. TheStreet Ratings gives Wal-Mart an A- grade with a $70.42 price target. The stock has risen 4.32% year to date.
Comcast The cable company is offering a chance to watch the Super Bowl live on phones for the first time in conjunction with the National Football League and Verizon ( VZ), according to The Associated Press. Collins Stewart analysts raised their price target on Comcast to $36 from $32 on Jan. 25. "Should benefit from cable results & $3bn+ repurchase increase," Collins Stewart analysts wrote in a report on Jan. 25. Shares of Comcast hit a 52-week high of $25.98 on Wednesday. The stock's 52-week low of $18.74 was set on Aug. 9. TheStreet Ratings gives Comcast an A+ grade with a $33.21 price target. The stock has increased 8.87% year to date.
Alexion Pharmaceuticals The biopharmaceutical company is scheduled to report fourth-quarter earnings on Feb. 9. Analysts, on average, expect profit of 34 cents a share on revenue of $220.8 million. "We believe ALXN can achieve strong top-line growth relative to biotech peers, based on Soliris' market potential in PNH and other indications," Oppenheimer analysts wrote in a Jan. 23 report. "Near term, we expect ALXN to continue to drive robust Soliris sales growth in PNH through strong commercial execution and geographic expansion." Shares of Alexion Pharmaceuticals hit a 52-week high of $78.05 on Wednesday. The stock's 52-week low of $41.65 was on Feb. 4. TheStreet Ratings gives Alexion a B+ grade with a $98.37 price target. The stock has increased 8.24% year to date.
IAC/InterActiveCorp The Internet company reported fourth-quarter earnings on Wednesday of $48.8 million, a decrease of 44% from the prior year, on revenue of $596.9 million, an increase of 32%. "Revenues were 4% ahead of our estimate and 5% above the Street, while OIBA (operating income before amortization) exceeded by 5% and 6%, respectively," Oppenheimer analysts wrote in a report on Wednesday. "This resulted in organic OIBA growth of 41% y/y. Upside was driven by Search revenues and Match margins." Shares of IAC/InterActiveCorp hit a 52-week high on Wednesday of $45.99. The stock's 52-week low of $28.31 was set on Feb. 2. TheStreet Ratings gives IAC/InterActiveCorp a B grade with a $54.44 price target. The stock has risen 4.93% year to date.