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.

Altria

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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Brinker International

The restaurant franchise was named to UBS' preferred list.

"We think a mix of strong traffic driven in part by mild weather, and well as positive changes in menu mix, will result in an above-consensus March quarter," Miller Tabak analysts wrote in a report Wednesday. "Our thesis has been that rising same-restaurant sales (particularly at Chili's) and efficiency gains would allow EAT to gain earnings power, but now think accelerated market share gains driven by peer closures and increased operating leverage on a more stable company-owned unit base will contribute to EAT reaching its goal of doubling EPS growth one year ahead of schedule."

Shares of Brinker International hit a 52-week high on Thursday of $28.71. The stock's 52-week low of $19.50 was set on Sept. 12.

Brinker International has a forward P/E of 13.08; the average for restaurant and bar companies is 19.35. For comparison, both Cracker Barrel ( CBRL) and DineEquity ( DIN) have lower forward P/Es of 11.77 and 11.52, respectively.

Analysts were split on Brinker International with eight analysts giving the stock a buy rating, another eight rating it hold and four analysts giving the stock a sell rating.

TheStreet Ratings gives Brinker International an A- grade with a buy rating and a $33.11 price target. The stock has risen 6.54% year to date.


SAP

Shares of SAP hit a 52-week high Thursday of $68.79. The stock's 52-week low of $47.39 was set on Sept. 23.

SAP, the software company, has a forward P/E of 14.7; the average for software companies is 13.4.

Twelve of the 18 analysts who cover SAP rated it hold. Four analysts gave the stock a buy rating and two rated it sell.

TheStreet Ratings gives SAP an A grade with a buy rating and a $88.50 price target. The stock has risen 29.99% year to date.

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Lennar

"Lennar should continue to benefit from the recovery in housing," Gabelli analysts wrote in a Feb. 3 report. "We estimate that Lennar should be able to double closings over the next few years, from 11,000 homes in 2011 to 25,000 in 2015, compared with peak closings of 50,000 in 2005."

Shares of Lennar hit a 52-week high of $24.90. The stock's 52-week low of $12.14 was set on Oct. 4.

Lennar has a forward P/E of 19.02; the average for home construction companies is 21.48. For comparison, D.R. Horton ( DHI) has a lower forward P/E of 17.79; Toll Brothers' ( TOL) forward P/E is 32.72.

Thirteen of the 24 analysts who cover Lennar rated it hold. Nine analysts gave the stock a buy rating and two rated it sell.

TheStreet Ratings gives Lennar a B- grade with a buy rating and a $28.81 price target. The stock has risen 26.72% year to date.


Comcast

"As we have been saying all along, Comcast is focused on innovation, and is looking at the 'cloud' to allow a faster pace of such innovation," Wells Fargo analysts wrote in a Feb. 29 report.

Shares of Comcast hit a 52-week high on Thursday of $29.17. The stock's 52-week low of $18.74 was set on Aug. 9.

Comcast has a forward P/E of 13.29; the average for broadcast and entertainment companies is 26.43. For comparison, both Walt Disney ( DIS) and News Corp ( NWS) have lower forward P/Es of 12.38 and 11.61, respectively.

All five of the analysts covering Comcast rated it buy.

TheStreet Ratings gives Comcast an A+ grade with a buy rating and $34.78 price target. The stock has risen 1.48% year to date.

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Seagate Technology

"Seagate reiterated Western Digital's view that HDD units will remain short of demand into 2013," Auriga analysts wrote in a Feb. 1 report. "Seagate also suggested that post-flood "normal" conditions would be substantially better than pre-flood, with higher margin structure anticipated, in addition to more streamlined supply chain. We believe most investors continue to hold an erroneous view that pricing and margins will rapidly return to pre-flood norms, and thus as sentiment changes, we expect HDD valuations are likely to improve."

Shares of Seagate Technology hit a 52-week high on Thursday of $28.56. The stock's 52-week low of $9.05 was set on Oct. 4.

Seagate Technology has a forward P/E of 3.1.

Fifteen of the 22 analysts who cover Seagate Technology rated it buy. Six analysts gave the stock a hold rating and one rated it sell.

TheStreet Ratings gives Seagate Technology a B grade with a buy rating and $35.50 price target. The stock has risen 70.64% year to date.

-- Written by Alexandra Zendrian

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