NASDAQ Stocks Hitting 52-Week Highs (CY, CRDN, MLNX, HILL)

Cypress Semiconductor Corporation CY shares gained 1.11% to create a new 52-week high of $19.50. CY had $396.37 million in total cash and no debt for the recent quarter. Ceradyne Inc CRDN shares rose 1.79% to touch a new 52-week high of $35.57. Analysts at Wedbush upgraded CRDN from “neutral” to “outperform.” Mellanox Technologies Ltd MLNX shares jumped 2.48% to create a new 52-week high of $28.46. MLNX is scheduled to report its Q4 results on January 26. Dot Hill Systems Corporation HILL shares gained 14.81% to create a new 52-week high of $2.17. HILL lifted its projections for the fourth quarter. Read more from Benzinga's Markets.