News Corp, Apollo Group and Home Depot Impress Shareholders With 52-Week Highs
Even with a relatively flat financial market today, some companies managed to reach annual milestones with their respective stock prices. Here are the companies winning for their key stakeholders and employees:
News Corp. (NASDAQ:NWSA): News Corp. closed at $18.30, down $0.19 or 1.03 percent. Their 52-week trading range has been $18.29 to $18.66. News Corp. advanced after RBC upgraded to Top Pick,citing “operating momentum, return of capital potential, company-specific catalysts and reasonable valuation” in 2012. RBC also noted $15 billion in dividends and stock buybacks, possible syndication of The Simpsons and FX ratings growth.
Apollo Group (NASDAQ:APOL): Apolla closed at $56.64, up $2.92 or 5.44 percent. Their 52-week trading range has been $55.02 to $57.09. Apollo Group got its first growth for new enrollments in a year marking shares higher for itself and other major for-profit education companies: EDMC +2.7 percent, DV +6.1 percent, WPO +1.2 percent, STRA +1.4 v, BPI +2.6 percent.
Enterprise Products (NYSE:EPD): Enterprise Products closed at $47.99, down $0.06 or 0.12 percent. Their 52-week trading range has been$45.78 to $48.25.
Home Depot (NYSE:HD): Home Depot closed at $43.20, up $0.11 or 0.26 percent. Their 52-week trading range has been$42.80 to $43.30. Lowe’s (NYSE:LOW) steps up from Goldman’s upgrade to Buy. The firm credited efforts by management to improve store presentation, upgrade technology and overhaul and enhance marketing strategies. Goldman also suggested cautious investors might hedge along position in Lowes against a short position in Home Depot (NYSE:HD).
Tjx Companies (NYSE:TJX): The shares closed at $66.46, up $0.15 or 0.23 percent. Their 52-week trading range has been $66.03 to $66.95.
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