Stocks Hitting 52-Week Highs

Mattress Firm Holding MFRM shares rose 9.12% to reach a new 52-week high of $61.99 after the company reported better-than-expected second-quarter earnings and announced its plans to acquire Sleep Train for $425 million in cash and stock. Cadence Design Systems CDNS shares gained 1.20% to reach a new 52-week high of $18.12. Cadence Design Systems' PEG ratio is 1.89. CVS Caremark CVS shares surged 0.63% to touch a new 52-week high of $80.87. CVS shares have jumped 37.46% over the past 52 weeks, while the S&P 500 index has gained 20.88% in the same period. Ball BLL shares reached a new 52-week high of $66.28. Analysts at BMO Capital initiated coverage on Ball with a Market Perform rating.