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3 FTSE 100 Shares Hitting New Highs

LONDON -- It looks like the FTSE 100 (FTSEINDICES: ^FTSE  ) is hitting new 52-weeks records almost every day, having broken the 6,100 barrier today before falling back slightly to finish at 6,099 points. That comes barely a week after the index of top U.K. stocks finally rose above 6,000 after months of coming close.

As the FTSE is reaching for the sky, so are a good few constituents of the various indexes. Here are three that are making it big.

Redrow (LSE: RDW  )
Homebuilders have been doing well over the past year, and Redrow is no exception, closing at a new high of 172 pence yesterday. That takes the shares up nearly 50% over the past 12 months, with all of that gain coming since the summer.

Forecasts look pretty decent, too. Figures for June 2013 suggest a price-to-earnings ratio of more than 15, but that falls to 11 on 2014 expectations, with the dividend yield starting to creep back up again.

Moss Bros (LSE: MOSB  )
Moss Bros Group hit a new 52-week high of 66.5 pence today, taking the price up about 90% over the past year. Moss Bros has presented us with a nice recovery, turning several years of losses into a small pre-tax profit for the year ending January 2012, and it boosted that further at the interim stage this year. Forecasts for the next few years are increasingly positive.

Dart (LSE: DTG  )
The last of our three today, Dart Group, has seen its shares more than double over the past 12 months, hitting a new closing high of 130 pence yesterday -- and it's at that same level as I write today.

The aviation services and distribution group has steadily grown its revenue over the past few years and is on for a strong rise in profit this year. There's not much of a dividend on offer, but the shares are on a modest P/E of about seven.

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