PFE, AIG, CX, WMB, MRK Hit New 52-Week Highs

List of stocks who have just hit new 52-week highs as of Tuesday, October 16, 2012.

Pfizer (NYSE:PFE) hit a new 52 week high of $25.93 in intraday trading and closed at $25.80 +2.71% on 25,743,300 shares traded. Pfizer Inc. is a research-based, global pharmaceutical company, which discovers, develops, manufactures and markets prescription medicines for humans and animals.

American International Group (NYSE:AIG) hit a new 52 week high of $36.91 in intraday trading and closed at $36.35 +2.51% on 21,248,600 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.

Cemex S.a.b. De C.V. (NYSE:CX) hit a new 52 week high of $9.24 in intraday trading and closed at $9.21 +4.30% on 14,394,600 shares traded. CEMEX, S.A.B. de C.V. is a global cement manufacturer with operations in North America, Europe, South America, Central America, the Caribbean, Africa, the Middle East and Asia.

Williams Companies (NYSE:WMB) hit a new 52 week high of $37.39 in intraday trading and closed at $36.77 +4.64% on 12,642,200 shares traded. Williams Companies, Inc. is a natural gas company, which mainly finds, produces, gathers, processes and transports natural gas.

Merck & Company (NYSE:MRK) hit a new 52 week high of $47.27 in intraday trading and closed at $47.17 +3.40% on 11,953,900 shares traded. Merck & Co., Inc. is a global research-driven pharmaceutical company that discovers, develops, manufactures and markets a range of innovative products to improve human and animal health.

Eli Lilly And Company (NYSE:LLY) hit a new 52 week high of $53.88 in intraday trading and closed at $53.66 +6.36% on 11,263,500 shares traded. Eli Lilly and Company discovers, develops, manufactures, and sells products in one business segment, pharmaceutical products. It also has an animal health business segment.

Liberty Media Corp. (NASDAQ:LINTA) hit a new 52 week high of $20.45 in intraday trading and closed at $20.27 +4.06% on 10,089,000 shares traded. Liberty Media Corporation owns interests in subsidiaries and other companies which are engaged in the media, communications and entertainment industries.

Comcast Corp. (NASDAQ:CMCSA) hit a new 52 week high of $36.91 in intraday trading and closed at $36.67 +2.49% on 9,743,200 shares traded. Comcast Corporation is a provider of video, high-speed Internet and voice services to residential and business customers.

Lyondellbasell Industries Nv (NYSE:LYB) hit a new 52 week high of $55.38 in intraday trading and closed at $54.36 +6.88% on 9,388,800 shares traded. Lyondellbasell Industries NV is a plastics, chemical, and refining company. The company produces polypropylene and polypropylene compounds, propylene oxide, polyethylene, ethylene and propylene. It also provides technology licenses.

Daily Inverse VIX ST ETN Velocityshares (AMEX:XIV) hit a new 52 week high of $18.27 in intraday trading and closed at $18.17 +5.82% on 9,240,100 shares traded. The investment seeks to replicate, net of expenses, the inverse of the daily performance of the S&P 500 VIX Short-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which

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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.