New 52-Week high – FCX, SFSF, AAPL - Stock Pick Alert

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Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) crossed its earlier 52-week highs and today made a new high at $82.50. The stock is up 4.37% at $82.06 on a huge volume of 15.91 million shares after the company announced that its Board of Directors has reinstated an annual cash dividend on its common stock of $0.60 per share. The Board would declare a quarterly dividend of $0.15 per share, with the initial dividend expected to be paid on February 1, 2010. Freeport-McMoran Copper & Gold Inc. (FCX), through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and molybdenum mining company. The Company’s portfolio of assets includes the Grasberg minerals district in Indonesia, which contains single recoverable copper reserve and the single gold reserve of any mine; significant mining operations in North and South America, and the Tenke Fungurume development project in the Democratic Republic of Congo (DRC).

SuccessFactors, Inc. (NASDAQ:SFSF) jumped 5.07% to $16.79 on total volume of 5.98 million shares. Today the stock made a new 52-week high of $17.00. Today, SuccessFactors, Inc. was named one of the fastest growing technology companies in North America by Deloitte's Technology Fast 500(TM). Yesterday it also announced the pricing of its public offering of 12,000,000 shares of its common stock at $15.50 per share. The offering is expected to close on October 26, 2009. The underwriters have been granted an option to purchase up to an additional 1,800,000 shares of common stock from SuccessFactors. SuccessFactors, Inc. (SuccessFactors) is a provider of on-demand performance and talent management software solutions.

Apple Inc. (NASDAQ:AAPL) made a new 52-week high at $208.71 and now up 4.86% to $208.41 on an unusual massive volume of 26.93 million shares.  Apple Inc.designs, manufactures, and markets personal computers, portable digital music players, and mobile communication devices and sells a variety of related software, services, peripherals, and networking solutions.

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