C, JNJ, PFE, PHM, AIG Hit New 52-Week Highs

List of stocks who have just hit new 52-week highs as of Wednesday, October 17, 2012.

Citigroup Inc. (NYSE:C) hit a new 52 week high of $38.48 in intraday trading and closed at $38.43 +4.83% on 69,058,400 shares traded. Citigroup Inc. is a global financial services holding company provides a range of financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage and wealth management.

Johnson & Johnson (NYSE:JNJ) hit a new 52 week high of $71.18 in intraday trading and closed at $71.00 +3.50% on 26,498,100 shares traded. Johnson & Johnson is a holding company, which is engaged in the research and development, manufacture and sale of a range of products in the health care field.

Pfizer (NYSE:PFE) hit a new 52 week high of $25.93 in intraday trading and closed at $25.84 +1.06% on 21,704,100 shares traded. Pfizer Inc. is a research-based, global pharmaceutical company, which discovers, develops, manufactures and markets prescription medicines for humans and animals.

Pultegroup (NYSE:PHM) hit a new 52 week high of $17.84 in intraday trading and closed at $17.44 +6.34% on 18,711,800 shares traded. PulteGroup Inc. is a publicly-held holding company engaged in the homebuilding and financial services businesses.

American International Group (NYSE:AIG) hit a new 52 week high of $36.98 in intraday trading and closed at $36.86 +1.57% on 16,843,300 shares traded. American International Group is a holding company, through its subsidiaries, is engaged in insurance and insurance related activities in the United States and abroad.

Kb Home (NYSE:KBH) hit a new 52 week high of $17.02 in intraday trading and closed at $16.76 +9.40% on 15,125,900 shares traded. KB Home constructs and sells homes through its operating divisions across the United States under the name KB Home. It operates homebuilding and financial services business serving homebuyers in markets nationwide.

Hovnanian Enterprises Inc (NYSE:HOV) hit a new 52 week high of $4.19 in intraday trading and closed at $4.13 +9.26% on 14,641,800 shares traded. Hovnanian Enterprises Inc designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill and active adult homes in planned residential developments.

Cymer (NASDAQ:CYMI) hit a new 52 week high of $77.29 in intraday trading and closed at $71.45 +49.38% on 14,007,100 shares traded. Cymer, Inc., together with its wholly owned subsidiaries is engaged in the development, manufacturing and marketing of light sources for sale to customers who manufacture photolithography tools in the semiconductor equipment industry.

Bank Of New York Mellon Corp. (NYSE:BK) hit a new 52 week high of $24.97 in intraday trading and closed at $24.86 +5.52% on 13,000,900 shares traded. Bank of New York Mellon Corporation is a global financial services company, through its subsidiaries is engaged in trust and custody activities, investment management services, banking services and securities-related activities.

Kroger Company (NYSE:KR) hit a new 52 week high of $25.25 in intraday trading and closed at $25.01 +6.74% on 11,199,800 shares traded. Kroger Company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States.

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Post Written By: 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.