5 Stocks At 52-Week Highs

By Investopedia Staff | April 20, 2011 AAA

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.

Investors may want to check into the stocks listed below to see if these momentum plays fit in their portfolio.

TUTORIAL: Top Stock-Picking Strategies


Company Industry Market Cap 52-Week Range Current Price
Vivo Particpacoes SA (NYSE:VIV) Wireless Communications 16.89B $23.13-$43.52 $41.69
Copano Energy LLC(Nasdaq:CPNO) Oil & Gas Pipelines 2.38B $21.53-$36.71 $36.48
Omega Healthcare Investors Inc.(NYSE:OHI) Healthcare Facilities 2.36B $17.50-$24.30 $24.15
Kinder Morgan Energy Partners(NYSE:KMP) Oil & Gas Pipelines 23.70B $57.40-$75.85 $75.69
National Grid plc(NYSE:NGG) Gas Utilities 33.95B $36.72-$51.00 $49.38

With oil prices hitting new highs again, it is no surprise that 3 of the companies reaching new highs are from the oil and gas industry. (For related reading, see Oil And Gas Industry Primer)

Bottom Line
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.)

Use the Investopedia Stock Simulator to trade the stocks mentioned in this stock analysis, risk free!

comments powered by Disqus
Related Analysis
  1. India Remains An Emerging Market Bright Spot
    Stock Analysis

    India Remains An Emerging Market Bright Spot

  2. Still More Gains Ahead For Semiconductor Makers
    Stock Analysis

    Still More Gains Ahead For Semiconductor Makers

  3. One Key To Finding The Size “Sweet Spot” For MLPs
    Investing

    One Key To Finding The Size “Sweet Spot” For MLPs

  4. The Best High-Yield Stock To Profit From The American Oil Boom
    Investing

    The Best High-Yield Stock To Profit From The American Oil Boom

  5. Unconventional Drilling Still Has Room To Boom
    Stock Analysis

    Unconventional Drilling Still Has Room To Boom

Trading Center