14 Best 52-Week High Stocks To Buy According to Analysts

12. Dolby Laboratories, Inc. (NYSE:DLB)

52 Week Range: $66.35 – $86.37

Current Share Price: $79.20

Stock Upside Potential: 25.85%

Number of Hedge Fund Holders: 20

Dolby Laboratories, Inc. (NYSE:DLB) is an industrial company that creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services. While the stock was down by about 7% in 2024, it remains one of the best 52-week high stocks to buy, according to analysts.

That’s partly due to a solid financial position that affirms underlying growth. Revenue in its fiscal fourth quarter totaled $305 million compared to $291 million a year before. Net income surged to $59 million compared to $9 million a year ago. Dolby Laboratories, Inc. (NYSE:DLB) expects better-than-expected financial results to persist in 2025, owing to strong momentum in its Dolby Atmos and Dolby Vision units.

Dolby Laboratories bolstered its imaging patent portfolio by acquiring GE Licensing, the intellectual property licensing division of General Electric Company (NYSE:GE), for $429 million. This strategic acquisition, funded by Dolby’s cash reserves, is expected to enhance its market position by integrating GE’s consumer electronics intellectual property into its products. With a positive outlook for growth in the automotive sector and increasing installations globally, Dolby Laboratories, Inc. (NYSE:DLB) continues to see significant engagement and growth from its Dolby Atmos and Dolby Vision technologies.