NEW YORK ( TheStreet) -- Shares of these stocks hit 52-week highs on Friday: Altria ( MO), Sherwin-Williams ( SHW), Salesforce.com ( CRM), J.B. Hunt Transport Services ( JBHT), Lorillard ( LO) and First American Financial ( FAF).
Altria "We recommend the purchase of Altria for investors as we believe Q1 results will demonstrate the strength of the Marlboro franchise, the focus on the architecture of the brand and improving margins," Davenport analysts wrote in a report Thursday. "One of the primary goals of MO's tobacco operating companies is to grow their share of the revenue and profit pools generated from adult tobacco consumers." Shares of Altria hit a 52-week high Friday of $31.71. 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 13.41 times; the average for tobacco companies is 12.27. For comparison, Philip Morris International ( PM) has a higher forward P/E of 15.03. Ten of the 18 analysts who cover Altria rated it hold; eight analysts gave the stock a buy rating. TheStreet Ratings gives Altria a B+ grade with a buy rating and $38.56 price target. The stock has risen 7.02% year to date.
Salesforce.com "Salesforce.com has seen a recent uptick in large deals, with large enterprises turning to salesforce.com as a solution to tap into the opportunity of social enterprises," JMP Securities analysts wrote in a report Monday. "In Q4, salesforce.com reported nine eight figure deals, over 100 seven-figure deals, and indicated that it closed its largest deal in the quarter with Hewlett Packard (HP, Not Covered). In addition, salesforce.com already has indicated it closed its first ever nine-figure deal with a large insurance company in F1Q13." Shares of Salesforce.com hit a 52-week high Friday of $161.89. The stock's 52-week low of $94.09 was set on Dec. 21. Salesforce.com's forward P/E is 75.87; the average for software companies is 30.25. For comparison, Adobe ( ADBE) has a lower forward P/E of 12.5 Thirty-two of the 42 analysts who cover Salesforce.com rated it buy. Five analysts gave the stock a hold rating and five rated it sell. TheStreet Ratings gives Salesforce.com a C grade and hold rating. The stock has risen 57.37% year to date.
Lorillard "Over the past several years, LO has delivered substantial shareholder returns, driven by industry-leading fundamentals, being a low-cost manufacturer, and a focus on returning cash to shareholders through share repurchases and a substantial and growing dividend," Davenport analysts wrote in a March 26 report. "Going forward, LO expects to continue to deliver double digit shareholder returns over time, defined as adjusted EPS growth plus dividend yield. In order to achieve this objective, LO is focused on executing a three prong strategy." Shares of Lorillard hit a 52-week high Friday of $138.65. The stock's 52-week low of $96.50 was set on June 8. Lorillard's forward P/E is 14.03; the average for tobacco companies is 12.27. Seven of the 13 analysts who cover Lorillard rated it hold. Five analysts gave the stock a buy rating and one rated it sell. TheStreet Ratings gives Lorillard a B grade with a buy rating and $179.10 price target. The stock has risen 21.44% year to date.