Stocks Hitting 52-Week Highs - MKS Instruments (NASDAQ:MKSI), Coherent (NYSE:COHR)

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Waste Management, Inc. (NYSE: WM) shares reached a new 52-week high of $56.49. Argus Research maintained Waste Management with a Buy and raised the price target from $62.00 to $64.00.

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Coherent, Inc. (NASDAQ: COHR) shares touched a new 52-week high of $84.64. Coherent shares have gained 29.28 percent over the past 52 weeks, while the S&P 500 index has declined 8.04 percent in the same period. Newport Corp (NASDAQ: NEWP) shares touched a new 52-week high of $22.85.

MKS Instruments, Inc. (NASDAQ: MKSI) announced plans to buy Newport for $980 million. Newport reported upbeat Q4 earnings. SJW Corp. (NYSE: SJW) shares reached a new 52-week high of $36.90. SJW shares have surged 15.10 percent over the past 52 weeks, while the S&P 500 index has dropped 8.04 percent in the same period.