The Motley Fool

3 More FTSE 100 Shares Trading Near 52-Week Highs: J Sainsbury plc, Wm. Morrison Supermarkets plc And Centrica PLC

J Sainsbury

J Sainsbury (LSE: SBRY)(NASDAQOTH: JSAIY.US) continues to grow, capturing market share from its rivals, particularly Tesco.

The shares are up 14% so far in 2013 and are 20% ahead of where they were 12 months ago.

5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!

According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…

And if you click here we’ll show you something that could be key to unlocking 5G’s full potential...

The most recent trading statement from the company revealed a 34th quarter of successive growth. Market share was reported as 16.8% higher.

Earnings per share (EPS) is expected to increase 5.4% this year. The dividend is expected to rise 3.6%. If Sainsbury’s can meet these forecasts, then the shares are priced at 12.4 times profits and come with an expected yield of 4.4%.

More growth is expected next year, pushing the P/E to 11.6 and a forecast dividend yield of 4.6%. That leaves the shares looking fairly priced to me.

Wm. Morrison Supermarkets

While Sainsbury has been increasing market share recently, Wm. Morrison Supermarkets (LSE: MRW) has been losing out. The company has taken steps to address this, launching an online venture with Ocado and purchasing sites for a convenience offering. The share price rises suggests that they are gaining investors’ confidence.

Morrison shares are up 11% so far in 2013. Most of that rise has been delivered in the last three months.

The shares today remain at a discount to the rest of the market. Morrison’s trades at 11.1 times last year’s profit. A small decline in earnings is expected this year. The dividend is forecast to increase to give a 4.3% yield. If the new initiatives can turnaround the company’s trading then I would expect the shares to continue heading higher.

Centrica

Shares in utility giant Centrica (LSE: CNA)(NASDAQOTH: CPYYY.US) are 19% ahead in 2013 and today stand at an all-time high.

Analyst profit exepectations have been steadily rising since June. The improved sentiment has produced a double-digit share price rise inside three months.

Analysts are today expecting an 8.2% earnings increase this year, accompanied by a 5.7% dividend increase. The shares are today trading at 14.1 times this profit forecast and come with the prospect of a 4.4% yield. Further growth is expected next year, pushing the P/E to 13.3 and the yield to 4.6%.

Our team of analysts believe that they have identified an even better income share available today. They have prepared an in-depth report, outlining what makes the company “The Motley Fool’s Top Income Share Today”. Their report is totally free and you can start reading today by clicking here.

> David does not own shares in any of the above companies. The Motley Fool has recommended shares in Morrisons.

5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!

According to one leading industry firm, the 5G boom could create a global industry worth US $12.3 TRILLION out of thin air…

And if you click here, we’ll show you something that could be key to unlocking 5G’s full potential...

It’s just ONE innovation from a little-known US company that has quietly spent years preparing for this exact moment…

But you need to get in before the crowd catches onto this ‘sleeping giant’.

Click here to learn more.

Our 6 'Best Buys Now' Shares

The renowned analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.

So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee.

Simply enter your email address below to discover how you can take advantage of this.

I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.