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TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Psst: Financials Stocks at 52-Week Highs
Led by a surging Ameriprise Financial (AMP), financial stocks have continued a rally that began in late 2010. AMP shares, which has had 3 or 4 new 52-week highs over the past 2 weeks, closed Wednesday at 61; earlier in the trading session, the stock hit 62. Needless to say, the company and its shares are on a fast track, and several research analysts rate the stock as a "buy."
Besides this Minneapolis, MN-based company, other firms are within a point of their 52-week highs:
- TD Ameritrade closed Wednesday at 20, just south of its 52-week high of 21.
- BNY Mellon closed Wednesday at 32; it's traded as high as 33 over the past 52 weeks.
- Citigroup closed Wednesday at 5; its 52-week high is 5.
- UBS AG closed Wednesday at 17; its 52-week high is 18.
These firms are closing in, as well:
- HSBC Holdings, at 56, has a 52-week high of 60.
- JPMorgan, at 45, has a 52-week high of 48.
- Morgan Stanley, at 29, has a 52-week high of 32.
- Chas. Schwab, at 18, has a 52-week high of 20.
- Wells Fargo, at 32, has a 52-week high of 34.
The stocks will hopefully continue to trend upward.

