Top five stocks to keep an eye on this week

Highlights

  • Toyota Motor Corporation (NYSE: TM) stock traded at US$186.01, the highest in 52-weeks, at 12:02 pm ET. It gave a 34% return in one year.

  • Charles Schwab Corporation (NYSE: SCHW) stock traded at US$77.19, with a 2.12% gain at 12:04 pm ET. The stock gave a 108% return in one year.

  • ConocoPhillips Common (NYSE: COP) stock traded at US$66.32, with a 2% increase at 12:04 pm ET. It grew by 93% in one year.

Despite volatility, some stocks continued their ascent. Here are the top stocks to watch out for this week after their significant climb in the stock market.

These five stocks have set their 52-week highest price on Monday. Here we explore them.

Toyota Motor Corporation (NYSE: TM)

Toyota is famed for its brands like Nexus, Daihatsu, and Toyota. The Japan-headquartered company was founded in 1937. The stock was trading at US$186.01 at 12:02 pm ET. Its 52-week highest and lowest prices were US$186.01 and US$129.28, respectively, as of Monday.

The stock broke the 52-week highest price probably due to its new truck launch on Sep 24. It unveiled its new truck NASCAR Camping World Truck Series for 2022.

Toyota’s market cap is US$258 billion, the P/E is 9.4, and the dividend yield is 2.39%.

For Q1 ended June 30, 2021, its revenue was (Japanese Yen) Yen7935.5 billion, and net income was Yen897.8 billion. It gave a 34% return in one year.

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McDonald's Corporation (NYSE: MCD)

The stock traded at US$247.90, up 0.60%, at 12:02 pm ET on Sep 27.

McDonald’s corp., famous for its delectable burgers, is one of the largest restaurant owner-operators in the world. The Chicago, Illinois-based company has a presence in over 119 countries. Its market cap is US$185 billion, the P/E is 26.99, and the dividend yield is 2.09%.

On Sep 23, the company announced a quarterly dividend of US$1.38 per share, payable on December 15, 2021. It is a 7% increase over its previous quarterly dividend.

Interestingly, the company has been paying dividends and have been raising them for the last 45 years. Its revenue was US$5.89 billion, and net income was US$2.22 billion for the June quarter of 2021. The stock gave a 12% return in one year.

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Stocks that saw new 52-week price highs.

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Royal Dutch Shell PLC American Depositary Shares (NYSE: RDS.B)

Shell traded at US$43.76 at 12:03 pm ET, up 5.02%, on Monday.

RDS is an integrated oil and gas company engaged in exploring, producing, and refining oil and gas. The company’s headquarters is situated in The Hague, Netherlands.

Its Q2, 2021 income attributable to shareholders, was US$3.43 billion and adjusted earnings were US$5.5 billion. The cash flow from the operating activities was US$12.6 billion for the second quarter of 2021. With a market cap of US$170.56 billion and a P/E of 31.36, the company has a dividend yield of 4.61%. The stock rose 77.35% in one year.

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Charles Schwab Corporation (NYSE: SCHW)

The stock was trading at US$77.19 with a 2.12% gain at 12:04 pm ET.

The company has interests in banking, brokerage, and asset management. It is based in San Francisco, California. Its revenue and net income for the June quarter of 2021 were US$4.52 billion and US$1.27 billion, respectively. SCHW’s market cap is US$145.7 billion, the P/E ratio is 32.57, and the current dividend yield is 0.95%. The stock gave a 108% return in one year.

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ConocoPhillips (NYSE: COP)

The stock broke its 52-week highest price record and traded at US$66.32, with a 2% increase from the previous close at 12:04 pm ET on Monday. The independent oil exploration and production company is based in Houston, Texas. For the three months ended June 30, 2021, its total revenue was US$10.21 billion, and net income was US$2.09 billion.

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It will declare Q3 results on Nov 2, 2021. The company made some important announcement on Sep 20. It has increased ordinary dividends by around 7% to US46 cents per share. It also announced the improvement on its Scope 1 and 2 CHG emissions intensity reduction targets.

Its market cap is US$88.9 billion, and P/E is 57.21, with a dividend yield of 2.65%.

The stock gave a 93% return in one year.

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Bottomline 

The stock markets have been volatile this month owing to various developments both globally and domestically. US markets will closely watch their counterparts in Asia and Europe in the wake of the Evergrande crisis and new geopolitical developments. However, investors should carefully evaluate the stocks before investing.

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