NYSE New Highs: Suncor Energy Inc. (USA) (NYSE:SU), Deere & Company (NYSE:DE), Joy Global (NYSE:JOY), Altria Group (NYSE:MO)

Suncor Energy (NYSE:SU) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Suncor Energy Inc. (USA) (NYSE:SU) shares after opening at $35.72 moved to $36.65 on last trade day and at the end of the day closed at $36.49. Company price to sales ratio in past twelve months was calculated as 1.46 and price to cash ratio as 11.59. Suncor Energy Inc. (USA) (NYSE:SU) showed a positive weekly performance of 4.41%.

The Deere & Company (NYSE:DE) also recently declared a quarterly dividend, which is scheduled for Thursday, May 1st. Shareholders of record on Monday, March 31st will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Thursday, March 27th. Deere & Company (NYSE:DE) shares advanced 1.52% in last trading session and ended the day on $92.54. DE return on equity ratio is recorded as 38.20% and its return on assets is 6.10%. Deere & Company (NYSE:DE) yearly performance is 9.32%.

Joy Global (NYSE:JOY) saw some unusual options trading activity on Tuesday. Investors purchased 7,157 call options on the stock,Analyst Ratings News reports. This represents an increase of approximately 187% compared to the typical daily volume of 2,495 call options.Joy Global Inc. (NYSE:JOY) shares moved up 3.51% in last trading session and was closed at $60.75, while trading in range of $58.53-$61.61. Joy Global Inc. (NYSE:JOY) year to date performance is 4.20%.

Investment analysts at Nomura initiated coverage on shares of Altria Group (NYSE:MO) in a note issued to investors on Tuesday, American Banking News reports. The firm set a “neutral” rating on the stock.Altria Group Inc (NYSE:MO) weekly performance is 1.34%. On last trading day company shares ended up $37.89. Altria Group Inc (NYSE:MO) distance from 50-day simple moving average is 5.64%. Analysts mean target price for the company is $39.70.

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