![]() Factors such as robust sales, surging profit levels, earnings growth prospects and strategic acquisitions that encouraged investors to bet on these stocks could keep them motivated if there is no tangible negative. But that does not always mean an impending decline. In fact, overvaluation is quite natural for most of these stocks as investors’ focus (or willingness to pay premium) has helped them reach the level. This is because investors fear that the stocks are overvalued and a price crash is impending. Many a time, stocks hitting a 52-week high fail to scale higher despite potential. Here we discuss a strategy to find the right stocks.īorrowing from the basics of momentum investing, this technique bets on “buy high, sell higher.” These investors have mastered the art of finding stocks that have strong upside potential and are still undervalued. A wide group of investors today favor winning stocks that have the potential to scale higher. Though skeptics may raise a brow on the mettle of this 52-week high investment strategy, we believe that this, when clubbed with the right set of parameters, will help rack up sizable gains. Borrowing from the basics of Momentum investing, this technique bets on the principle of buying high and selling higher. This is fairly a new approach in the investing rulebook. So, one should take a more informed approach to understand if further upside is left.Ī particular strategy advises investors to gamble on stocks that have scaled 52-week high. In fact, an investor might miss out on top gainers in an attempt to avoid the steep prices of stocks that are near their 52-week high mark.Īs a matter of fact, a stock can maintain the momentum and keep scaling new highs with time. While such apprehensions are not completely baseless, all stocks hitting 52-week high are not necessarily overpriced. Investors often wonder if the high price has made the stock overpriced. HPQ.ĥ High-Flying Stocks Near 52-Week Highs That Can Sail HigherĪ 52-week high level is used as an indicator, as stocks near that level are considered winners. RCII, Science Applications International Corp. Chicago, IL – JStocks in this week’s article are Arconic Inc. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |