Q, CIM, NFLX, AMZN, SKS Hit New 52-Week Highs

List of stocks who have just hit new 52-week highs as of Thursday, October 21, 2010.

Qwest COMM INTL Inc (NYSE:Q) hit a new 52 week high of $6.49 in intraday trading and closed at $6.43 +2.23% on 21,743,784 shares traded. Qwest Communications International, Inc. provides local telecommunications and related services, long-distance services and wireless, data and video services withinin its local service area.

Chimera Investment (NYSE:CIM) hit a new 52 week high of $4.36 in intraday trading and closed at $4.28 +1.42% on 20,074,190 shares traded. Chimera Investment Corporation is a specialty finance company that invests in residential mortgage backed securities, or RMBS, residential mortgage loans, real estate-related securities and various other asset classes.

Netflix Inc (NASDAQ:NFLX) hit a new 52 week high of $174.94 in intraday trading and closed at $172.69 +12.76% on 15,940,241 shares traded. Netflix, Inc. is a provider of subscription service streaming movies and TV episodes over the Internet and sending DVDs by mail.

Amazon.com Inc (NASDAQ:AMZN) hit a new 52 week high of $166.13 in intraday trading and closed at $164.97 +3.97% on 13,407,782 shares traded. Amazon.com, Inc. designs its websites to enable millions of unique products to be sold by its and by third parties across dozens of product categories. It also manufactures and sells the Kindle e-reader.

SAKS Inc (NYSE:SKS) hit a new 52 week high of $11.00 in intraday trading and closed at $10.61 +2.22% on 12,243,178 shares traded. The Company is a fashion retail organization offering assortment of luxury fashion apparel, shoes, accessories, jewelry, cosmetics and gifts.

COCA COLA CO THE (NYSE:KO) hit a new 52 week high of $61.75 in intraday trading and closed at $61.47 +1.87% on 11,531,349 shares traded. Coca-Cola Company is a manufacturer, distributor and marketer of nonalcoholic beverage concentrates and syrups in the world.

Altria Group Inc (NYSE:MO) hit a new 52 week high of $25.00 in intraday trading and closed at $24.95 +0.81% on 10,624,434 shares traded. Altria Group, Inc. through its subsidiaries manufactures and sells cigarettes, other tobacco products, machine-made large cigars and pipe tobacco. It also maintains a portfolio of leveraged and direct finance leases.

Airtran Hldgs Inc (NYSE:AAI) hit a new 52 week high of $7.49 in intraday trading and closed at $7.48 +1.49% on 8,201,190 shares traded. The Company is a low cost scheduled airlines in the United States in terms of departures and seats offered. It operates scheduled airline service throughout the United States and to selected international locations.

Mcdonalds CP (NYSE:MCD) hit a new 52 week high of $79.48 in intraday trading and closed at $78.44 +1.88% on 7,631,069 shares traded. McDonald’s Corporation franchises and operates McDonald’s restaurants in the food service industry. The Company and its franchisees purchase food, packaging, equipment and other goods from numerous independent suppliers.

Southern CO (NYSE:SO) hit a new 52 week high of $38.28 in intraday trading and closed at $38.13 +0.69% on 7,175,564 shares traded. Southern Company through its traditional operating companies, provides electric service in four Southeastern states.



Alex Fredricks

Alex Fredricks has a degree in business and is an avid day-trader. Alex's experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.

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