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

Investing

Published: April 14, 2010 4:32 pm

Last Updated: April 27, 2020 2:47 pm

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

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

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.