NASDAQ Stocks Hitting 52-Week Highs (WFMI, ARRS, IPGP, SBGI)

Whole Foods Market Inc WFMI shares gained 11.07% to create a new 52-week high of $59.70. WFMI raised its 2011 projections for profit and sales. Arris Group Inc ARRS shares gained 4.70% to create a new 52-week high of $13.81. ARRS reported upbeat Q4 earnings. IPG Photonics Corporation IPGP shares surged 24.40% to create a new 52-week high of $43.23. IPGP lifted its earnings and revenue projections for the fourth quarter. Sinclair Broadcast Group Inc SBGI shares gained 5.82% to create a new 52-week high of $11.63. Analysts at JP Morgan upgraded SBGI from "neutral" to "overweight.” Read more from Benzinga's Markets.