New 12 Month High Stocks (PZZA, FLWS, RAI)

Wall Street Bull

These 3 stocks hit new highs today and its time to take notice. 

Giving the state of the market it may be a smart play to chase the fumes of these stocks hitting new highs today including Papa John's International (PZZA), 1-800-Flowers.Com Inc (FLWS), and tobacco king Reynolds American (RAI).

Papa John's International Inc (PZZA) shares hit a new 52-week high of $52.91 today.  Papa John's shares are now trading with a P/E Ratio of 22.6 and EPS of 2.25.  PZZA shares jumped from $40 to $50 overnight back in May.  Papa John's shares are up 13% in June.

1-800-Flowers.Com Inc (FLWS) shares broke the $4 level and hit a fresh new high of $4.12.   FLWS shares are now trading with a P/E Ratio of 22.6 and EPS of 0.24.  In 2012 FLWS has gone on an incredible 78% run.  This stock could be due for a pullback and since it trades under $5 expect volatile swings.

Reynolds American Inc (RAI) shares hit a new 12 month high of $46.61.  RAI still pays an impressive 5% annual dividend yield.  Of the three stocks mentioned RAI takes the crown as the most likely to continue higher.  Reynolds shares are now trading with a P/E Ratio of 20.4 and EPS of 2.27.  Just imagine what this stock will do if they beat the street on Jul 24th when Reynolds reports Q2 earnings.

 

3 NEW 12 MONTH HIGH STOCKS

PZZA

 

FLWS

 

RAI