Stocks Hitting 52-Week Highs

Synaptics SYNA shares reached a new 52-week high of $85.10 after the company announced its plans to acquire display-chip company Renesas SP Drivers. The company also lifted its Q4 revenue forecast. Rambus RMBS reached a new 52-week high of $13.14 after the company raised its Q2 sales forecast. Qualcomm QCOM will be integrating the CryptoManager Security Engine into its chips, according to Rambus. Micron Technology MU shares touched a new 52-week high of $30.41. Bank of America upgraded Micron from Underperform to Buy. Altria Group MO shares touched a new 52-week high of $42.395. Altria's trailing-twelve-month operating margin is 44.88%.