11 Best 52-Week High Stocks to Buy Now

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In this article, we will take a detailed look at the 11 Best 52-Week High Stocks to Buy Now.

US equities are back to all-time highs, having bounced back from post-Liberation Day lows. The S&P 500 has recouped all its losses, bolstered by some stocks powering to 52-week highs. According to analysts at Citi, the rally in the equity markets has come amid renewed confidence in artificial intelligence opportunities and improved earnings growth expectations.

“No doubt, policy volatility is likely to persist as are numerous other risks. This keeps us reticent to chase rallies but more inclined to buy pullbacks. What the first half has told us is that fundamental volatility may be more manageable,” Citi wrote in a research note to investors.

Nevertheless, the rally in the equity market is already triggering concerns, valuations having gotten out of hand. The blockbuster gains are already eliciting questions about whether there is room for additional gains.

Sam Stovall, chief investment strategist at CFRA Research, insists there is no point of alarm as the market is doing “what it normally does.” Consequently, investors should be optimistic, as the market tends to advance by an average of another 10% once it recovers all its losses from a decline of up to 20%.

“A lot of the negativity has typically been shaken out of the market during these corrections […]. Maybe it’s just a matter of time before those things kick in, but at least for now, I think investors are saying, ‘You know what, the market is indicating that it wants to go higher,” Stovall said.

With that in mind, let’s look at the 11 Best 52-Week High Stocks to Buy Now.

11 Best 52-Week High Stocks to Buy Now

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Our Methodology

We used the Finviz stock screener and settled on stocks trading at 52-week highs (within 0%-10%) that have positive year-to-date returns. These stocks are also popular among elite hedge funds as of Q1 2025. Finally, we ranked the stocks in ascending order based on their year-to-date returns.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Best 52-Week High Stocks to Buy Now

11. Cisco Systems Inc. (NASDAQ:CSCO)

52 Week Range: $44.50-$69.55

Current Share Price as of July 24: $68.62

Year-to-date returns: 16.11%

Number of Hedge Fund Holders: 82

Cisco Systems Inc. (NASDAQ:CSCO) is one of the best 52-week high stocks to buy now. On July 15, it was announced that the company had signed a deal to provide digital solutions to enhance Bahrain’s government information and telecommunications infrastructure.

The deal is part of a sweeping $17 billion partnership between Bahrain and US companies. As the Gulf nation moves to become a leading tech hub, it has turned to Cisco to overhaul and enhance its telecom and information networks. The deal was announced as part of the Bahrain crown prince’s visit to Washington.

International tech leaders, such as Cisco, may see additional opportunities in the future as the region is poised to unlock growth in cloud computing, fintech, and logistics by prioritizing network upgrades and technological advancements.

Cisco Systems Inc. (NASDAQ:CSCO) is a technology company that develops, manufactures, and sells networking hardware, software, and services. It also plays a significant role in AI and data centers by providing the infrastructure, security, and management solutions necessary to support AI workloads.

10. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

52 Week Range: $133.57-$248.28

Current Share Price as of July 24: $240.33

Year-to-date returns: 19.22%

Number of hedge fund holders: 187

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the best 52-week high stocks to buy now. On July 17, the semiconductor manufacturer delivered strong second-quarter results and issued an upbeat outlook affirming robust growth. TSMC posted net revenue of NT$933.80 billion for the June quarter, marking a 38.65% year-over-year increase and surpassing analyst expectations.

The company expects its third-quarter revenue to range between $31.8 billion and $33 billion, representing a 38% year-over-year growth. It also expects the operating margin to range between 45.5% and 47.5%. The company also raised its full-year revenue forecast, expecting 30% growth, up from its prior guidance of 20% growth.

The solid and better-than-expected third-quarter guidance comes as Taiwan Semiconductor continues to capitalize on accelerating demand for artificial intelligence. With data center orders strengthening significantly, the company is recording booming business as a chip manufacturer. The company has also not seen any change in customer behavior due to tariffs; consequently, it’s in the process of investing $165 billion to enhance advanced manufacturing in the US.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest independent semiconductor foundry. It manufactures chips designed by other companies, essentially acting as a “virtual fab” for their clients.

9. SAP SE (NYSE:SAP)

52 Week Range: $194.93-$313.28

Current Share Price as of July 24: $290.63

Year-to-date returns: 19.54%

Number of hedge fund holders: 33

SAP SE (NYSE:SAP) is one of the best 52-week high stocks to buy now. On July 23, Piper Sandler reaffirmed its Overweight rating on SAP while adjusting the price target to €345 from €355. The firm cited extended sales cycles in the U.S. public sector and manufacturing due to trade uncertainty, which could impact execution in the second half of 2025. Despite this, SAP’s cloud ERP segment continues to shine, posting 34% year-over-year growth in constant currency.

Piper Sandler trimmed its 2025 revenue forecast based on lower pipeline conversion but praised SAP’s cost discipline and commitment to its €8 billion free cash flow goal. The firm still considers SAP one of the top large-cap software growth stocks, favoring it alongside Microsoft and Oracle over Workday.

SAP SE (NYSE:SAP) is a global leader in enterprise application software, providing solutions for businesses. It offers a suite of integrated applications that connect various parts of a business to enhance efficiency and facilitate data sharing. Its software helps companies manage multiple business processes in real-time, including finance, procurement, HR, supply chain, and customer experience.

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