Wimpey (LSE: TW) and Halfords (LSE: HFD) break their 52-week records.
The FTSE 100 (UKX) was getting pretty close to its 52-week high of 5,989 points just a couple of weeks ago, but mixed news has sent it down again. At the moment, it's standing at 5,843 points, up 48 on the day, so it could be making another push for new high ground.
But even if the FTSE is keeping away from the limelight, there are plenty of companies in the individual indices that are not so bashful. Here are three reaching new heights...
Housebuilder Taylor Wimpey (LSE: TW) hit a new high of 61p today, as the recovery in the sector builds up more steam. Other companies in the same sector, like Persimmon (LSE: PSN), which features in the Motley Fool Beginners' Portfolio, are doing similarly well.
Taylor Wimpey might look highly valued now, on a forward price-to-earnings (P/E) ratio of 16, but we're really nowhere near pre-crash earnings and dividend levels again yet, and 2013 forecasts bring the P/E down to 12.
Shares in Paypoint (LSE: PAY) have had a great year, gaining nearly 60% over the past 12 months, and hit a new 52-week high of 800p today. The company, which operates retail payment networks in the UK, Ireland and Romania, issued an upbeat trading statement in July, and is due to report interim figures on 29 November.
If the full year meets current forecasts, we should be looking forward to a dividend yield of 3.8% on top of all that nice share price appreciation.
Shares with growing dividends can be very profitable, and ace dividend investor Neil Woodford knows a thing or two about finding the best ones. The free Motley Fool report “8 Shares Held By Britain's Super Investor” takes a look. Click here to get a copy delivered to your inbox.
Halfords (LSE: HFD) is continuing its recovery, with the share price having nearly doubled since July to hit a new 12-month high of 358.7p today. The retailer of auto parts and cycles, and operator of Halfords Autocentres, suffered during the economic slump and profits fell this year.
And though earnings per share is expected to fall again in the year to March 2013, latest forecasts suggest a full-year dividend of around 3%, and earnings should start to recover in 2014.
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> Alan does not own any shares mentioned in this article. The Motley Fool owns shares in Halfords.