Shares of The Macerich Co., a California real estate investment trust that owns Southridge Mall and has its roots in Central Iowa, reached a 52-week high of $62.94 Thursday, after posting strong fourth-quarter results, Zacks.com reported.

Yesterday's closing price represented a year-to-date return of 7.2 percent, and the stock has plenty of upside left, according to Zacks.

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