5 NYSE Stocks Hitting 52-Week Highs Yesterday

Aramark’s Hits 52-Week High

Aramark (NYSE:ARMK)’s stock reached $36.00 on Wednesday and cruised to $36.06 today before sliding back under $36.00. The food and service provider, which has operations in Britain, nosedived after the Brexit voting results came in, but has quickly rebounded since. Shares of the company have gained 12.25% in 2016. At the end of the first quarter, 44 funds that we track owned shares of Aramark (NYSE:ARMK).

Boston Scientific Settles Dispute with IRA

Boston Scientific Corporation (NYSE:BSX)’s stock hit its 52-week high of $24.45 yesterday. It was revealed in a recent SEC filing that the company has entered into a Stipulation of Settled Issues with the Internal Revenue Service to pay the agency $275 million plus interest to settle a dispute that stretches back over a decade. The settlement came just before Boston Scientific’s scheduled trial opening in the court on Monday. The Massachusetts-based medical devices company is scheduled to release its latest earnings report on July 28, with analysts expecting $0.26 in EPS, which would be 18.18% more than the $0.22 per share that it earned for the same quarter of last year. As of the end of first quarter, 35 funds in our system were long Boston Scientific Corporation (NYSE:BSX).

Corning’s New Gorilla

Corning Incorporated (NYSE:GLW)’s shares touched 52-high peaks on Wednesday after the company announced its new Gorilla Glass 5. A statement from the glass manufacturer said that the new glass provides enhanced protection from everyday drops of mobile devices on rough surfaces. Shares have pushed their 52-week peak even higher today, reaching $21.77. Shares have gained 18% year-to-date. At the end of the first quarter of 2016, 31 funds in our database of 766 actively-reporting funds were bullish on Corning Incorporated (NYSE:GLW). Among them was John A. Levin’s Levin Capital Strategies, which owned approximately 13.26 million shares of the company.

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