The market is not drifting. It is climbing with purpose. On June 23, twenty stocks across tech, defense, pharma, and commodities hit fresh 52-week highs. This is not a narrow rally. It is a coordinated move across sectors, driven by earnings strength, liquidity, and institutional flows.
Here’s the full list of names that printed new highs:
- Microsoft ($MSFT) — $487.75
- CrowdStrike ($CRWD) — $494.30
- IBM ($IBM) — $289.58
- Spotify ($SPOT) — $732.79
- Doordash ($DASH) — $230.85
- Cisco ($CSCO) — $67.48
- Zscaler ($ZS) — $311.71
- Roblox ($RBLX) — $104.63
- Amphenol ($APH) — $95.28
- Corteva ($CTVA) — $74.95
- Liberty Media FWONK ($FWONK) — $104.52
- Insmed ($INSM) — $105.48
- Northern Trust ($NTRS) — $123.31
- Kinross Gold ($KGC) — $16.03
- Kroger ($KR) — $74.11
- Kratos Defense ($KTOS) — $46.52
- Royalty Pharma ($RPRX) — $35.46
- Newmont ($NEM) — $60.31
- Seagate ($STX) — $133.89
- Cloudflare ($NET) — $184.93
These are not speculative names. These are companies with scale, cash flow, and visibility. Microsoft is riding AI tailwinds. Spotify is monetizing its podcast empire. IBM is finally getting rewarded for its hybrid cloud pivot. CrowdStrike continues to dominate endpoint security. Even Kroger and Kinross are catching bids, showing that defensive plays are not being left behind.
The S&P 500 is holding above 5,600. The Nasdaq is printing new records. The VIX is under 12. Bond yields are steady. The Fed is still signaling one rate cut by year-end. Inflation is cooling. Unemployment is stable. The setup is not euphoric, but it is functional.
This is not a melt-up. It is a methodical climb. And the tape is confirming it.
Sources:
https://www.financecharts.com/screener/52-week-highs
https://www.investing.com/news/stock-market-news/stocks-hit-52-week-highs-june-2025-93CH-4104559