First Horizon Touches 52-Week High: Should You Buy the Stock Now?

First Horizon Corporation (FHN) shares touched a new 52-week high of $21.01 on Friday before closing the session slightly lower at $20.93.The stock skyrocketed 80.6% in the past year, outperforming its industry’s growth of 50.8%. FHN also outperformed its peers, BancFirst Corporation (BANF) and Texas Capital Bancshares, Inc. (TCBI) .Price Performance Image Source: Zacks Investment Research The primary reason behind the stock’s new highs is the optimism surrounding Donald Trump's win in the U.S. presidential ...