Regardless of the state of the economy, there will always be stocks reaching new highs. These companies thrive by adapting to the changing needs of their consumers and take the lead while their competitors falter. While overzealous bulls can push a stock into being overvalued, this might not be the case if the company's earnings also grow accordingly. Most importantly, companies that have recently hit a new 52 week high may (in the short run) have the momentum to keep going up and may signal the beginnings of a new long term upward trend.
The broad range of companies shown in the table below suggests that the bulls are sending stocks from every sector higher. Many investors may want to check into the stocks listed below to see if these momentum plays fit their investing style.
Alcoa Inc. (NYSE:AA)
Internet Information Providers
Automatic Data Processing Inc.(NYSE:ADP)
Business Software & Services
Five stocks in five different industries at different points in their business cycle. These stocks are hitting highs in their 52-week trading ranges and could cause many investors to take a closer look. With that said, all investors need to look at the businesses, analyze the financials and decide whether these are stocks are ripe for further appreciation or if they have peaked or are otherwise overvalued. (To learn more, check out Buy High, Sell Much Higher.)
Personal FinanceWhat does an equity research analyst do on an everyday basis?
Mutual Funds & ETFsObtain information about an ETF offerings that provides leveraged exposure to the biotechnology industry, the ProShares UltraPro Nasdaq Biotech Fund.
Mutual Funds & ETFsLearn about the iShares MSCI Europe Financials fund, which invests in numerous European financial industries, such as banks, insurance and real estate.
Mutual Funds & ETFsLearn about the SPDR S&P Insurance exchange-traded fund, which follows the S&P Insurance Select Industry Index by investing in equities of U.S. insurers.
Mutual Funds & ETFsLearn about the SPDR S&P Emerging Markets Small Cap exchange-traded fund, which invests in small-cap firms traded at the emerging equity markets.
Mutual Funds & ETFsLearn about the physical platinum ETF. Platinum embarked on a bull market from 2001 to 2011, climbing to record prices along with other precious metals.
Mutual Funds & ETFsLearn about the iShares MSCI Turkey exchange-traded fund, which invests in a wide variety of companies' equities traded on Turkish exchanges.
Mutual Funds & ETFsFind out about the PowerShares S&P 500 Downside Hedged ETF, and learn detailed information about characteristics, suitability and recommendations of it.
Mutual Funds & ETFsFind out about the Guggenheim Enhanced Short Duration ETF, and learn detailed information about this fund that focuses on fixed-income securities.
Mutual Funds & ETFsLearn about the iShares U.S. Oil & Gas Exploration & Production ETF, which provides an efficient way to invest in the exploration and production sector.
The value of an asset less the value of all liabilities on that ...
A security that tracks an index, a commodity or a basket of assets ...
Investopedia explains the definition of exchange-traded mutual ...
An asset that is extremely difficult to dispose of either due ...
When an investor has essentially risked all of his capital for ...
A nickname given to Africa's growing economies.
The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
If an investment fund has a high turnover ratio, it indicates it replaces most or all of its holdings over a one-year period. ... Read Full Answer >>
The rise of index trading may increase the overall vulnerability of the stock market due to increased correlations between ... Read Full Answer >>
Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>