CSW Industrials and Charles Schwab reach new 52-week highs

CSW Industrials and Charles Schwab have both reached new 52-week highs in recent trading sessions.

CSW Industrials reported quarterly earnings that exceeded consensus estimates, posting $3.84 earnings per share against an expected $3.66. The company's revenue rose 33.0% year-over-year to $350.65 million. Following these results, several brokerages adjusted their outlooks, including JPMorgan Chase & Co., which raised its price objective to $380.00 with an overweight rating.

Charles Schwab shares reached a high of $109.32. While the company saw a modest increase in its Trading Activity Index for July and noted that retail investors remained net buyers of stocks, it faces ongoing litigation from Linqto regarding alleged harm to customers. Additionally, recent SEC filings showed insider selling by Director Paula A. Sneed and Nigel J. Murtagh.