Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
LONDON -- Hopes that the FTSE 100 (FTSEINDICES: ^FTSE ) might beat its 52-week high of 5,989 points this week have been dashed, as the index of top U.K. stocks has slipped back by eight points to 5,922 as of 10:25 a.m. EST. Still, it surely can't be long now, and we can at least be fairly confident that it will not be heading back down to its 52-week low of 5,230 points anytime soon.
Still, even if the FTSE 100 didn't quite capture new ground, a number of constituents of the various indexes are doing so. Here are three of them.
ITV (LSE: ITV )
Television broadcaster ITV has had a good year, with its shares up more than 60% over 12 months ago, and the price today is hovering around its 52-week high of 104 pence. The firm has had a couple of good years of profit growth, and looked good at the interim stage this year.
For the full year, the City is forecasting an earnings rise of around 10%, with the shares on a price-to-earnings (P/E) of about 12. There's not much dividend yet, at around a 2.5% yield, but that should hopefully improve with a few more years of profit growth.
Ladbrokes (LSE: LAD )
Ladbrokes shares are up near their 52-week high, standing at 195 pence at the time of writing. That's around 60% on the year, which is pretty good going. The gambling operator's third-quarter update in October was positive, recording a 4% rise in group revenue, so full-year forecasts should be pretty accurate at this stage. They suggest a growth in earnings around 15%, with a dividend yield of about 4.4%, which looks pretty good.
Spirit Pub (LSE: SPRT )
Shares in Spirit Pub Company are flying high at the moment, having touched 64 pence today -- that's a penny short of their 52-week high and 60% up on 12 months ago. Spirit shares have done rather better than those of Punch Taverns since the split, with the latter having fallen by more than 30% over the same period.
Forecasts for next year put Spirit shares on a P/E of only 10, with a well-covered 3.3% dividend yield expected. So even after the rise, they might still be a good value -- but that's for you to decide.
Daily gains from shares can all play their part in making you your first million. But the real secret to becoming rich from shares is simple long-term investing in fundamentally sound companies and letting steady growth and dividends power your wealth upward. If you don't think making a million is feasible, read The Motley Fool's report "10 Steps To Making A Million In The Market" and see if you change your mind. The report won't cost you a penny, so click here to have a copy delivered to your inbox while it's still available.