Stocks Hitting 52-Week Highs

Sonic SONC shares jumped 10.33% to touch a new 52-week high of $23.08 after the company reported better-than-expected fiscal second-quarter earnings. Sonic posted its quarterly earnings of $0.07 per share on revenue of $109.7 million. However, analysts were projecting a profit of $0.06 per share on revenue of $110.3 million. PACCAR PCAR shares rose 3.15% to reach a new 52-week high of $68.73 after analysts at Goldman Sachs upgraded the stock from Neutral to Buy and raised the target price from $74 to $80. Caterpillar CAT shares gained 2.27% to reach a new 52-week high of $99.05. Caterpillar's PEG ratio is 1.21. Johnson & Johnson JNJ climbed 1.06% to touch a new 52-week high of $96.21. Johnson & Johnson's trailing-twelve-month operating margin is 26.58%.