Old American Brand Names Rally: Abercrombie, Hilton, Motorola, Sunoco

While some of the best-known Nasdaq-100 tech and social media stocks struggle to make higher highs — Apple
AAPL
, Alphabet, Microsoft
MSFT
and Netflix
NFLX
come to mind — these 4 New York Stock Exchange-traded old brand names are already up there at the new 52-week high mark.

NYSE Brand Names New Highs.

Abercrombie & Fitch
ANF
took a steady up trend to a new high this week. It may be that it’s the company’s stock buybacks that improve the “per share” metric, as in: the same basic earnings but with less stock out there equals a decent chunk of the “per share” improvement.