6 Stocks Hit 52-Week Highs: PFE, LMT, VAL, BIIB, MSG, BYI

TheStreet Ratings gives Lockheed Martin a B grade with a buy rating and $104.34 price target. The stock has risen 12.19% year to date.

Valspar

"In a challenging demand environment, Valspar Corporation (VAL-NYSE) managed to produce strong results in its fiscal 1Q12 with EPS of $0.62 vs. $0.39 a year ago," KeyBanc Capital Markets analysts wrote in a Feb. 17 report. "Moving forward, we do expect some businesses to remain less than robust in terms of volume, specifically the U.S. DIY market, the Australian architectural market, and packaging coatings in Europe and North America. However, the Company should keep on benefiting from new business wins, strength in its coil, general industrial and powder coatings businesses and growth in the Asian and South American markets. We also expect total profitability to improve further moving into the seasonally stronger fiscal 2Q12 and 3Q12 due to the operating leverage, pricing actions and benefits from restructuring despite raw materials beginning to move upward once again."

Shares of Valspar hit a 52-week high Wednesday of $51.15. The stock's 52-week low of $27.44 was set on Aug. 8.

Valspar's forward P/E is 14.34; the average for building materials and fixtures companies is 25.91. For comparison, Masco(MAS) has a higher forward P/E of 20.06.

Eight of the 13 analysts who cover Valspar rated it hold; five analysts gave the stock a buy rating.