3 FTSE Shares Hitting New Highs Today

LONDON -- The FTSE 100 (INDEX: ^FTSE  ) came ever so close to its 52-week high of 5,989 today, reaching 5,928 to fall just 61 points short. The index subsequently fell back a little to 5,900 -- 10 points down on the day -- but it's been having a strong week.

If the FTSE is still a little short of a new annual high, there are plenty of individual companies in the various indexes that are not. Here are three that have achieved new peaks in the past 24 hours.

Games Workshop (LSE: GAW.L  )
Games Workshop spiked to a new high of 715 pence yesterday before falling back to 672 pence today. The shares are now up about 60% over the past 12 months, marking great progress in a recovery that started back in mid-2008. The current price is more than 5.5 times the low point of that year.

And there could be more to come, as current analyst forecasts suggest a dividend yield of more than 6.5% for the year to May 2013, though that would be barely covered by forecast earnings.

Lookers (LSE: LOOK.L  )
The motor trade suffered during the downturn, but this year Lookers has being doing very well. The shares are up more than 40% over the past 12 months, having hit a new high of 78.25 pence today.

A strong half-year report in August helped. The full year to December is expected to show fairly flat earnings, but the shares offer a well-covered dividend of more than 3% and a modest forward price-to-earnings ratio of 11.

If you're looking for companies paying decent dividends, the Motley Fool report "8 Shares Held By Britain's Super Investor," which looks at the holdings of ace dividend investor Neil Woodford, could help you on your way. Click here to get your free copy while it's still available.

Goodwin (LSE: GDWN.L  )
Shares of Goodwin, the family run small-cap engineer, have had a rollercoaster year, peaking in March before falling back, and then powering on up again to a new 52-week high today of 1,615 pence. That's an overall rise of nearly 60% over the past 12 months.

There are no current City forecasts available, but at the time of the firm's first-quarter interim statement in September (for the three months to July), revenue was up 19% over the prior-year quarter to 31 million pounds, with pre-tax profit up 54% to 3.8 million pounds.

Large cap, small cap, growth, recovery, dividends -- there are many ways to making your first million from shares. This Motley Fool report takes a look at how to do it, so click here to get your copy while it's still free and available.

Further Motley Fool investment opportunities:

Alan Oscroft does not own any shares mentioned in this article. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.


Read/Post Comments (0) | Recommend This Article (2)

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.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2063699, ~/Articles/ArticleHandler.aspx, 8/31/2014 6:17:33 AM

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