10 Best 52-Week High Stocks to Buy According to Analysts

6. The Williams Companies, Inc. (NYSE:WMB) 

52 Week Range: $40.41 – $61.66

Current Share Price as of June 11: $59.41

Stock Upside Potential as of June 11: 8.52%

Williams Companies Inc. (NYSE:WMB) is one of the best 52-week high stocks to buy, according to analysts. On June 10, an analyst at UBS reiterated a ‘Buy’ rating on the stock with a $74 price target. The analysts remain bullish about the company’s strategic plans for pipeline projects.

The company plans to start constructing the Northeast Supply Enhancement (NESE) project in the third quarter. The company also hopes to secure regulatory approval from the Federal Energy Regulatory Commission (FERC) for its Constitution pipeline, which will begin in October of next year.

The company’s CEO, Alan Armstrong, reiterated that the NESE project is straightforward compared to the Constitution pipeline. Consequently, he expects the NESE project to move forward compared to the Constitution project.  Williams Companies is looking for potential partners to support the development of the Constitution project.

Williams Companies Inc. (NYSE:WMB) operates an extensive network of natural gas pipelines and gathering and processing operations in the United States. It handles about a third of the nation’s natural gas every day. It invests in high-return projects, including renewable energy and emissions reduction efforts.