3 FTSE Shares Hitting New Highs

LONDON -- Just as we thought the FTSE 100 (FTSEINDICES: ^FTSE  ) might possibly break its 52-week high this week, U.S. policymakers aroused fresh fiscal-cliff fears, setting the index of top U.K. stocks back 0.74% to 5,914 as of 9:15 a.m. EST. It seems unlikely that America will actually become insolvent, and my money would be on a last-minute solution being found, but the markets do like to panic over these things.

But if the FTSE isn't going to make it, there are plenty of individual shares that are reaching new records. Here are three that have been soaring this week.

Whitbread (LSE: WTB  )
Hotel and restaurant group Whitbread shares reached a new closing high of 2,521 pence yesterday, taking them up nearly 65% over the past 12 months. After a couple of years of rising earnings and a good dividend track record, the company also enjoys decent forecasts for the next two years.

Whitbread shares are perhaps not at a bargain price, but many will see them as a fair value with decent long-term potential.

William Hill (LSE: WMH  )
Bookmaker William Hill has had a pretty good year, too, with its shares up more than 80% to 348 pence. And this week, the price has come back just a penny short of October's 52-week highest close of 357.5 pence.

The year to Dec. 31 should bring in a modest rise in earnings and a dividend yield of about 3.5%, and William Hill's Dec. 11 update told us the company is "on track to deliver full-year results in line with expectations."

Thomas Cook (LSE: TCG  )
The recovery at Thomas Cook continues at a cracking pace, with the shares powering up again to hit a new 52-week high yesterday of 45.5 pence. The share price has more than tripled over the past 12 months. But perhaps more impressively, the bulk of that has come in the past five weeks or so, with the price more than doubling since the middle of November.

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.


Read/Post Comments (0) | Recommend This Article (8)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2165924, ~/Articles/ArticleHandler.aspx, 4/19/2014 9:17:16 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement