New 52-week Highs for Imax, Altria, and Disney (IMAX, MO, DIS)
New highs for shares of IMAX Corporation (USA) (NASDAQ:IMAX), Altria Group, Inc. (NYSE:MO) and The Walt Disney Company (NYSE:DIS). These three companies are on solid ground and WallStNation.com believes there's more upside for each of these stocks.
IMAX Corporation (IMAX) hit $12.49 a share today and over the past 52-weeks has traded as low as $2.67. In 2009 shares of IMAX are up 173% and that trend could continue thanks to James Cameron's AVATAR which opens on Dec 18th. In 2010 IMAX looks forward to March's release of Alice in Wonderland and the next Twilight Saga will be released at IMAX. If you haven't heard of AVATAR, enjoy the trailer, it now holds the crown as the most expensive movie ever made in history:
Altria Group (NYSE:MO) hit a new 52-week high today of $19.60 a share and YTD the stock is up 30%. WallStNation.com has gone to bat before for Altria, back in October we wrote Altria's Share Price is Marlboro Man Cool.
Disney (NYSE:DIS) shares continue to climb, today they hit a new high of $31.83 a share. Today UBS now sees shares of Disney shares reaching $38, and raised its earnings estimates due to strong expectations for future Pixar and Marvel films.
UBS currently rates Disney (NYSE:DIS) as a “Buy.”