Why these 3 S&P/ASX 200 stocks are at 52-week highs

It's a dark day on the market for the likes of Eclipx Group Ltd (ASX: ECX) but these 3 S&P/ASX 200 all stars are shining at 52-week highs

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

It's a dark day on the market for the likes of Eclipx Group Ltd (ASX: ECX) – down 43%, but these 3 S&P/ASX 200 all-stars are shining at 52-week highs.

Bravura Solutions Ltd (ASX: BVS)

Investors are rallying behind emerging software service provider Bravura Solutions Ltd which opened today at a 52-week high and sits at $3.60 at the time of writing – up 125% from its share price of $1.60 at this time last year.

And given the growth opportunities on the horizon for Bravura, there is no reason why this company won't continue to push higher as a viable long-term investment option.

Bravura's Sonata administration platform has been the company's flagship product for some time and its popularity shows no sign of slowing.

The company's annual report is due out on August 22 and with little news out of Bravura of late, investors will be hungry for some forward-focused information.

For now, Bravura is among those leading the pack in the highly competitive fintech space, with Hub24 Ltd (ASX: HUB) and Xero Limited (ASX: XRO) also making themselves known.

Premier Investments Limited (ASX: PMV)

Shares in Solomon Lew-led Premier Investments Limited are at a 52-week high today, at $18.02 at the time of writing, a 33% increase in share price from $13.53 at this time last year.

Premier's businesses exist in the highly competitive discretionary retail space, but with brands like Smiggle under its belt, Premier is often able to rise above dips that hit other sector counterparts like Myer Holdings Ltd (ASX: MYR) hard.

News out of the Australian Bureau of Statistics that retail turnover figures are on the up could see Premier push even higher in the coming months, although issues with slow wage growth and housing market downturns are always waiting in the wings.

All in all, Premier is one of the most robust retail stocks around and its strong brand identities underpin its continued success.

Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

Investment house Washington H. Soul Pattinson and Co. Ltd shares are at a 52-week high today, sitting at $22.41 at the time of writing – up from $17.04 at this time last year.

Soul Patts is often classified as the perfect buy and hold forever stock, such is the reputation of this 100-year-old company.

Soul Patts has upped its investments in TPG Telecom Ltd (ASX: TPM) in preparation for the telco war likely to erupt with Telstra Corporation Ltd (ASX: TLS) when the 5G network comes online, with its fully franked dividends a favourite of shareholders who look forward to their increase every year.

If you take a look at its 10-year charts you'll note you'd be hard-pressed to find a low point to stage your in with Soul Patts, but if historical data is anything to go by, this stock should continue its solid climb into the future.

Motley Fool contributor Carin Pickworth owns shares of Telstra Limited. The Motley Fool Australia owns shares of and has recommended Premier Investments Limited, Telstra Limited, TPG Telecom Limited, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of Bravura Solutions Ltd and Xero. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on 52-Week Highs

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today
52-Week Highs

3 ASX 300 shares smashing new highs while the market dives

These three shares are running hot amid a market meltdown.

Read more »

Three hikers lift their arms in jubilation as they reach a rocky peak overlooking a sensational view of water and mountains with a blue sky surrounding them.
52-Week Highs

3 blue chip ASX 200 shares smashing new highs on Wednesday

These names are finishing the year strongly.

Read more »

Ten smiling business people wave to the camera after receiving some winning company news.
ETFs

10 red-hot ASX ETFs that smashed new highs today

Do you own any of these lucky exchange-traded funds?

Read more »

Two kids stare open-mouthed at what's under their bed.
52-Week Highs

5 under-the-radar ASX 200 shares smashing new highs today

These shares are bucking the market big time.

Read more »

A piggy bank on the cloud in the blue sky symbolising a record high share price.
52-Week Highs

10 ASX 200 shares smashing new highs while the market sinks

Do you own any of these market-defying stocks?

Read more »

A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges
Travel Shares

Why the Qantas share price can keep flying to new highs

Qantas shares' new record highs are forecast to be broken in 2025 by this top broker.

Read more »

three businessmen high five each other outside an office building with graphic images of graphs and metrics superimposed on the shot.
Financial Shares

Why did the IAG share price just hit a 5-year high?

Shareholders of this insurance giant are smiling on Tuesday. What's going on?

Read more »

An excited man stretches his arms out above his head as he reaches a mountain peak representing two ASX 200 shares reaching multi-year high prices today
52-Week Highs

This ASX 200 stock just hit a 14-year high following an upgrade from Macquarie

You’d have to go all the way back to May 2010 to find the ASX 200 stock trading at higher…

Read more »