7 ASX 200 stocks hitting multi-year highs today

These stocks have hit new price milestones amid a volatile day for the ASX 200.

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S&P/ASX 200 Index (ASX: XJO) stocks are trading just inside the green at 8,419.7 points in late afternoon trade on Tuesday.

The ASX 200 dipped then flipped in early trading after a sell-off on Wall Street overnight.

The benchmark index has since recovered and entered positive territory, currently up 0.13%.

Amid the volatility, the following seven ASX 200 shares have hit new multi-year high share prices.

7 ASX 200 stocks hitting new price peaks on Tuesday

QBE Insurance Group Ltd (ASX: QBE)

The QBE share price hit a 15-year high of $20.49 despite no news from the insurance giant today.

This ASX 200 financial share is up by around 29% over the past 12 months.

Resmed Inc (ASX: RMD

The Resmed share price hit a four-year high of $40.44 despite no news from the ASX 200 healthcare giant.

Top broker Goldman Sachs is bullish on the sleep disorder treatment company due to its large addressable market, potential market share gains, and expanding margins.

Goldman has a buy rating on the ASX 200 healthcare stock with a 12-month price target of $48.90.

Resmed shares have surged by around 42% over the past 12 months.

Telix Pharmaceuticals Ltd (ASX: TLX

The Telix Pharmaceuticals share price hit an all-time high of $29.16 on Tuesday.

The radiopharmaceuticals company announced the completion of the acquisition of RLS (USA) today.

RLS is America's only Joint Commission-accredited radiopharmacy network distributing PET, SPECT and therapeutic radiopharmaceuticals.

Telix management said:

The acquisition is part of Telix's strategy to establish an integrated radiopharmaceutical ecosystem, enhancing its ability to deliver novel therapeutic and diagnostic radiopharmaceuticals to patients.

The ASX 200 biotech stock is up 148% over the past 12 months.

Hub24 Ltd (ASX: HUB)

The Hub24 share price hit an all-time record of $78.10 despite no news from the wealth management platform provider today.

The ASX 200 financial stock is up a whopping 105% over the past year.

Ingenia Communities Group (ASX: INA)

The Ingenia Communities share price hit a three-year peak of $5.60 today.

The retirement village developer had no news for the market today.

The ASX 200 property stock has gained around 29% over the past 12 months.

News Corporation (ASX: NWS)

The News Corporation share price hit a record high of $51.11 per share in intraday trading on Tuesday.

There is no price-sensitive news from the media giant today.

This ASX 200 communications stock is up by around 30% over the past year.

News Corporation was the No. 1 stock in the communications sector in 2024.

Monadelphous Group Ltd (ASX: MND)

Monadelphous shares rose to a four-year intraday high of $15.50 per share despite no company news.

This ASX 200 industrials stock has gained almost 14% over the past 12 months.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Hub24, ResMed, and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool Australia has recommended Hub24 and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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