Merck Leads Large-Cap Stocks to New Highs Amid Market Growth

Seventeen large-cap stocks have reached new 52-week highs, led by Merck (MRK) with a market value of about $335.8 billion.

The list is heavily concentrated in the Financials sector, but one giant's valuation stands out: Merck trades at a P/E ratio of 105.7 times trailing earnings.

Other stocks on the list include Royal Bank of Canada (RY), Charles Schwab (SCHW), and several Diversified Banks. The table below shows the 10 largest names, sorted by market capitalization: