Stocks Hitting 52-Week Highs

Waste Management, Inc. 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. Coherent, Inc. 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 NEWP shares touched a new 52-week high of $22.85. MKS Instruments, Inc. MKSI announced plans to buy Newport for $980 million. Newport reported upbeat Q4 earnings. SJW Corp. 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.
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