6 Stocks Hit 52-Week Highs: MO, EAT, LEN, SAP, CMCSK, STX

NEW YORK ( TheStreet) -- Shares of the following stocks hit 52-week highs on Thursday: Altria ( MO), Brinker International ( EAT), SAP ( SAP), Lennar ( LEN), Comcast ( CMCSK) and Seagate Technology ( STX).

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


The cigarette company issued a statement Thursday regarding the Surgeon General's report on children's use of tobacco.

"We agree with the Surgeon General and others that kids should not use tobacco products, and we share the common goal of keeping tobacco products out of the hands of kids," the Altria statement said.

"MO highlighted a more diversified business that over time generates brand and profit pool share gains across the tobacco categories, boasts overall profit/EPS growth and drives shareholder returns well ahead of the market and most staples peers," Bank of America Merrill Lynch analysts wrote in a Feb. 22 report.

Shares of Altria hit a 52-week high on Thursday of $30.56. The stock's 52-week low of $23.20 was set on Aug. 9.

Altria has an estimated price-to-earnings ratio for next year of 12.92 times; the average for tobacco companies is 12.11. For comparison, both Philip Morris International ( PM) and Lorillard ( LO) have higher forward P/Es of 14.39 and 13.23, respectively.

Twelve of the 18 analysts who cover Altria rated it hold; six analysts gave the stock a buy rating.

TheStreet Ratings gives Altria a B+ grade with a buy rating and a $36.87 price target. The stock has risen 2.87% year to date.

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