Apache, Las Vegas Sands, and More: 5 Stocks That Hit 52-Week Highs This Week

Gaming stock Las Vegas Sands Corp. (NYSE:LVS) won its way back into investors’ hearts last week, hitting a 52-week high of $56.17 per share on Friday. Some investors are buying Las Vegas Sands due to the encouraging data coming out of Macau, which recently had its first year-over-year total gaming revenue growth in over 24 months. Others are buying for Las Vegas Sands’ annual dividend of $2.88 per share, which translates to a 5.18% yield. The better Las Vegas Sands’ Macau business does, the more secure its strong dividend payout will be. 23 funds that we track owned shares of Las Vegas Sands Corp. (NYSE:LVS) at the end of the second quarter, down by seven quarter-over-quarter.

Swift Transportation Co (NYSE:SWFT) touched a 52-week high of $21.07 on the last day of the trading week after the company announced that its CEO Jerry Moyes will retire by the end of the year. Moyes, who is also the founder of Swift, will be replaced by current COO Richard Stocking. Shares of the company currently trade at 13.28-times forward earnings estimates and have rallied by around 50% year-to-date. 30 funds that Insider Monkey follows owned shares of Swift Transportation Co (NYSE:SWFT) at the end of the second quarter.

Last but not least, Cabot Oil & Gas Corporation (NYSE:COG) shares touched a 52-week high on Friday before retreating, as some investors booked profits and others sold due to the weak price action in oil. In the long run, Cabot will do well if the natural gas and WTI sectors continue to re-balance and the commodity prices move higher. Cabot Oil & Gas also owns valuable acreage across several promising plays in Pennsylvania, West Virginia and Texas (in the Eagle Ford and Marcellus). 36 funds in our system owned shares of Cabot Oil & Gas Corporation (NYSE:COG) as of the most recent 13F reporting period, up by two funds from the March 31 reporting period.

Disclosure: None