Market Insider

Cisco, Intuit and 31 other stocks are leading the market out of correction

Key Points
  • More than 60 percent of the companies in the S&P 500 broke to new highs during January, and 33 of them are among the first to make a comeback after February's correction.
  • The S&P 500 was still 4.8 percent from its January high in Friday afternoon trading, after its 10 percent correction.
Traders react after the closing bell on the floor of the New York Stock Exchange (NYSE).
Michael Nagle | Bloomberg | Getty Images

More than 60 percent of the companies in the broke to new highs during January's new year rally, and a diverse group are among the first to make a comeback after February's correction.

In the S&P 500, 23 stocks bounced back to their 52-week highs at some point in Friday's trading.

We looked at companies that were about 1.5 percent or less from their highs and found 33. The S&P 500 was still 4.8 percent from its January high in Friday afternoon trading, after its 10 percent correction.

The bounce-back stocks are from all different sectors, including tech names Cisco and Intuit and defense companies Raytheon, Lockheed Martin and Northrop Grumman. Financial names PNC and M&T Bank Corp and consumer companies Nike and Estee Lauder also made the list.

Ticker Security Name Last 52Wk H 52Wk H Date % Off 52WK H
RTNRaytheon Company218.47218.7816-Feb-180.14%
GRMNGarmin Ltd.65.465.5116-Feb-180.17%
CSRACSRA, Inc.40.5640.6513-Feb-180.23%
ACNAccenture Plc Class A163.03163.616-Feb-180.35%
COTYCoty Inc. Class A21.5721.6415-Feb-180.35%
HIIHuntington Ingalls Industries, Inc.265.62266.6516-Feb-180.39%
ELEstee Lauder Companies Inc. Class A141.07141.6716-Feb-180.42%
MCOMoody's Corporation168.31169.0616-Feb-180.44%
LMTLockheed Martin Corporation361.3336316-Feb-180.46%
ANSSANSYS, Inc.164.67165.516-Feb-180.50%
MAMastercard Incorporated Class A176.21177.112-Feb-180.51%
GPNGlobal Payments Inc.114.23114.8616-Feb-180.55%
INTUIntuit Inc.172.0517316-Feb-180.55%
NOCNorthrop Grumman Corporation356.74358.8416-Feb-180.59%
SPGIS&P Global, Inc.189.84190.9916-Feb-180.60%
BF.BBrown-Forman Corporation Class B69.4669.929-Jan-180.63%
NKENIKE, Inc. Class B68.516916-Feb-180.71%
RHTRed Hat, Inc.142.56143.6716-Feb-180.77%
CTSHCognizant Technology Solutions Corp Class A81.2281.8716-Feb-180.79%
VRSNVeriSign, Inc.120.61121.6116-Feb-180.82%
PNCPNC Financial Services Group, Inc.159.43160.8116-Feb-180.86%
MTBM&T Bank Corporation192.54194.2416-Feb-180.88%
FISVFiserv, Inc.142.95144.230-Jan-180.88%
ZIONZions Bancorporation55.155.612-Feb-180.92%
CRMsalesforce.com, inc.113.42114.5231-Jan-180.96%
CMAComerica Incorporated97.9799.0316-Feb-181.07%
SNIScripps Networks Interactive, Inc. Class A87.8688.8722-Jan-181.14%
FTVFortive Corp.75.876.6824-Jan-181.15%
ADBEAdobe Systems Incorporated201.68204.4523-Jan-181.35%
BABoeing Company356.35361.451-Feb-181.41%
STISunTrust Banks, Inc.71.0172.0629-Jan-181.43%
CSCOCisco Systems, Inc.44.4745.1315-Feb-181.46%
CTASCintas Corporation167.41169.9631-Jan-181.50%