8 ASX 200 stocks smashing new 52-week highs on Thursday

Do you own any of these high-achieving shares?

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After a promising start this morning, the S&P/ASX 200 Index (ASX: XJO) and ASX 200 stocks have settled into a bit of a lacklustre session this Thursday.

At the time of writing, the ASX 200 is up by just 0.04%, despite rising as much as 0.8% earlier this morning. Even so, this trading session has seen a plethora of ASX 200 stocks hit new 52-week highs. Let’s get into them.

8 ASX 200 stocks at new 52-week highs today

First up, we have the ASX 200 tech stocks Xero Limited (ASX: XRO) and WiseTech Global Ltd (ASX: WTC), two former members of the WAAAX club of ASX growth stocks.

Just before lunchtime today, we saw WiseTech shares hit a new high of $82.87 each. The company has since settled a little, but it still going for $81.99 up 056% for the day. The WiseTech share price is now up a whopping 66.7% in 2023 to date.

Then there’s Xero. Xero shares were a latecomer to today’s new highs, only touching the new high watermark of $127.68 late this afternoon. The shares are still up at a comfortable gain of 0.31%, sitting at $127.19 at present. That puts this cloud-based accounting software provider at a stunning year-to-date gain of 81.4%.

Next, we have ASX 200 property and classifieds share REA Group Ltd (ASX: REA). This owner of realestate.com.au followed the ASX 200 in spiking early this morning, hitting a new high of $152.32 a share. Again, the shares have since cooled and are now going for $150.26 each. That still leaves REA Group at a pleasant 2023 gain thus far of 38.4%.

James Hardie Industries plc (ASX: JHX) is another winner from today’s trading. This building materials company has just hit a new 52-week high of $41.10 a share. At the time of writing, James Hardie shares are up a healthy 0.69% at $40.79, putting its 2023 gains at 56.4%.

Our final four

Turning back to the ASX tech sector, we have software company Megaport Ltd (ASX: MP1) to check out. Megaport shares hit a new high of $10.22 this afternoon and remain up 1.9% at $9.94 at present. Megaport shares are now up almost 50% since only 10 July, and up 63% this year so far.

ASX banking and financial share Suncorp Group Ltd (ASX: SUN) is another ASX 200 stock making its investors a happy bunch this Thursday. Suncorp shares touched a new 52-week high watermark of $14.02 soon after market open this morning. The shares have since retreated, but are still up a solid 0.43% at $13.89. This puts Suncorp’s 2023 performance at just under 17.5%.

Our penultimate share to examine today is ASX 200 engineering share Worley Ltd (ASX: WOR). Worley was yet another early bloomer today, hitting its new 52-week high just after market open.

Today’s top of $17.17 is also a new post-COVID high for the company. Worley shares have since lost all of their early steam, and are now in the red, down 0.47% at $16.90. Still, this ASX share remains up 14.3% year to date.

Finally, let’s give ASX 200 energy generator and retailer Origin Energy Ltd (ASX: ORG) a glance. Origin shares climbed to their new 52-week high of $8.69 a share early this morning – again a new post-COVID high.

But again, the shares have cooled off back into negative territory as the day has progressed, and are now down 0.12% at $8.63 each. Investors have Origin’s 13.7% gain this year to comfort them, however.

Motley Fool contributor Sebastian Bowen 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 Megaport, WiseTech Global, and Xero. The Motley Fool Australia has positions in and has recommended WiseTech Global and Xero. The Motley Fool Australia has recommended Megaport and REA Group. 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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