10 DJIA Components Hit New 52-Week Highs (AXP, BAC, CAT, CSCO, GE, HD, HPQ, INTC, JPM, MCD)

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
When investors see 52-week highs in the Dow Jones Industrial Average and in the S&P 500 and NASDAQ, the obvious statement is “of course there are many stocks hitting 52-week highs.”  But we have hit 52-week highs before, and today still looks like a near-term record of stocks that hit 52-week highs.  If you include the preferred shares, public warrants, and ETFs, it looks like over 1,700 issues hit brand new 52-week highs today.  Out of the 30 DJIA components, it looks like 10 of the 30 hit new 52-week highs.  We have shares of American Express Company (NYSE: AXP), Bank of America Corporation (NYSE: BAC), Caterpillar, Inc. (NYSE: CAT), Cisco Systems, Inc. (NASDAQ: CSCO), General Electric Co. (NYSE: GE), The Home Depot, Inc. (NYSE: HD), Hewlett-Packard Company (NYSE: HPQ), Intel Corporation (NASDAQ: INTC), JP Morgan Chase & Co. (NYSE: JPM), and McDonald’s Corporation (NYSE: MCD).

American Express Company (NYSE: AXP) closed at $46.46, but the new 52-week high is $46.63.

Bank of America Corporation (NYSE: BAC) closed at $19.40, but its new 52-week high is $19.42.

Caterpillar, Inc. (NYSE: CAT) closed at $77.28 but the new 52-week high is $67.37.

Cisco Systems, Inc. (NASDAQ: CSCO) closed at $26.88 but the new 52-week high is $26.93.

General Electric Co. (NYSE: GE) closed at $19.35 but the new 52-week high is $19.40.

The Home Depot, Inc. (NYSE: HD) closed at $34.98 but the new 52-week high is $35.07.

Hewlett-Packard Company (NYSE: HPQ) closed at $54.52 but the new 52-week high is $54.64.

Intel Corporation (NASDAQ: INTC) closed at $23.52 but the new 52-week high is $23.69.

JP Morgan Chase & Co. (NYSE: JPM) closed at $47.73 but the new 52-week high is $47.93.

McDonald’s Corporation (NYSE: MCD) closed at $69.42 but the new 52-week high is $69.53.

After going through the other DJIA components, there are about 5 more within about 1% of the highs.  Maybe the real story is that of the 30 DJIA components there were “ONLY” 10 hitting new 52-week highs….

If you wonder about this meaning that the retail investor is back or not, take a guess.

JON C. OGG

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Top Gaining Stocks

AKAM Vol: 21,556,944
MU Vol: 65,135,624
INTC Vol: 227,504,426
MNST Vol: 15,284,847
DELL Vol: 12,167,525

Top Losing Stocks

MSI Vol: 3,101,643
EXPE Vol: 4,189,786
CTRA Vol: 73,319,495