3 Stocks to Buy at 12 Month Highs

Best of the Best - Karate Kid

Apple, IBM, and U.S. Bank Corp you're the best around.  Nothing's gonna ever keep you down.

Traders that are tired of speculation at times go with strong preformers and buy up stocks closing in on 52-week highs.  Three coveted stocks that fit that description are Apple Inc (AAPL), IBM (IBM), and U.S. Bank Corp (USB).


U.S. Bancorp (USB) shares hit another 12 month high today and finshed at $29.71.  USB shares are now trading with a P/E Ratio of 12 and EPS of 2.46.  You also get a 1.68% annual dividend yield with USB.

USB has a very strong chart and the analysts covering the stock expect the trend to continue.  Earlier this month USB got a "Buy" rating increase from UBS.  The average target price for USB is $31.77 which implies the analyst believe it could increase 6.93% over the next 12 months.

Apple Inc. (AAPL) has proved to be an unstoppable corporation, firing on all cylinders with everyone behind them. Apple shares have traded between $310.5 and $548.21 (new 52-week high today) over the past 12 months.  Despite the stock at $500 and change it company appears to be a great value trading with a P/E Ratio of 15.4 and EPS of 35.11. 

AAPL continues to hit a new 12 month high every other day.  Try and find a qualified analyst that believes AAPL is overvalued, its pointless to bet against the company.  However Mastery believes the AAPL bubble could pop, check out Apple Goes Vertical this Week then CRASHES (AAPL).

IBM (IBM) shares are trading just under $200 and less than 1% away from its 52-week high.  IBM is a household name with a massive $233 billion market cap.  IBM also pays a 1.52% annual dividend yield.  IBM Corp shares are now trading with a P/E Ratio of 15.1 and EPS of 13.08.

MASTERY Bottom Line (Johnny Cobra Kai Style)Bottom line:

Chasing the fumes of quality companies that are close to their 52-week highs is a great way to bank coin if the bull market continues. 

AAPL, IBM, and USB fit the model and will continue to gain should stocks increase.


source: http://wallstnation.com/stocks-high-02272012

3 Best of the Best Around Stocks








I agree that all these are great holdings if the market continues upward. And IBM is pretty solid all around. Apple, however, would not be a position I would want to be in right now in a down market. Same for UBS to a lesser degree, though it is one of the "best of breed."I would be cautious in playing these two right at the moment.Cheers!Curtis