10 NYSE Stocks Hitting 52-Week Highs Tuesday

Cabelas Inc (NYSE:CAB)’s stock has been on a steady rise since June 27, pushing it to its 52-week high of $54.32 yesterday. A high volume of 898,706 shares traded hands during the session. Billionaire Ken Fisher’s Fisher Asset Management owns 1.01 Cabelas shares as of June 30.

Coach Inc (NYSE:COH) hit its one-year high on Tuesday, reaching $42.64 during the session. Coach’s acquisition of Stuart Weitzman has given a significant boost to its financial position over the past few months and contributed to its long-term goal of becoming a multi-brand company. Shares of the luxury handbag and luggage company have gained 28% this year.

Chevron Corporation (NYSE:CVX)’s stock climbed by 1% to touch its 52-week high of $106.44 on Tuesday. Earlier this week, Jefferies & Co reiterated their ‘Buy’ rating on the $203 billion oil giant. The company pays a quarterly dividend of $1.07, which equates to an annual dividend yield of $4.02.

Another oil giant, Exxon Mobil Corporation (NYSE:XOM), also rose to its 52-week high on Tuesday. The company also announced that all of its facilities in Nigeria were safe, following a terror group’s claims that it had attacked the firm’s plants in the country. The company was recently under fire from 19 democratic senators who brought a resolution to the Senate against the company for “deliberately misleading” the public about climate change, which remains hotly contested in the U.S despite broad acceptance outside the country.

Lowe’s Companies, Inc. (NYSE:LOW)’s stock hit its 52-week high of $82.65 on Tuesday, though it’s fallen by 1.42% today. The North Carolina-based home improvement store chain is reaping the benefits from its strategic acquisitions, including the purchase of Orchard Supply Hardware Stores. Lowe’s Companies’ shares have soared by 28% since February 11.

Lastly, Philip Morris International Inc. (NYSE:PM)’s stock reached its 52-week peak of $103.82 yesterday. The tobacco company was recently upgraded to ‘Overweight’ by analysts at JP Morgan, who have a price target of $112 on the stock. Shares have traded in a tight range for the past three months, but have gained 17% this year.

Disclosure: None