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Tickers in this Article: AGU, CSE, PVR, CNK
Stock trading guru Dennis Gartman includes among his widely popular "22 Rules of Trading" the following sage admonition: "The objective is not to buy low & sell high, but to buy high & to sell higher. We can never know what price is "low." Nor can we know what price is "high." Always remember that sugar once fell from $1.25/lb to 2 cent/lb & seemed "cheap" many times along the way."

With that in mind, we canvassed the investing universe to find stocks that are at, or very near 52-week highs and still carry solid fundamentals. Should the coming year begin as the last left off, with the bulls in the driver's seat, Gartman's words will be worthy of our attention.

Resources with Momentum
Penn Virginia Resources (NYSE:PVR) entered into 2011 with a dividend yield over 6%. It's also trading within a couple of percentage points of its high for the year. Penn Virginia is a Pennsylvania-based natural resource operation with coal and natural gas interests across the United States.

Cinemark Holdings, Inc. (NYSE:CNK) operates movie theatres in countries spread across North and South America. The stock offers investors a 4.7% dividend, is up approximately 20% over the past twelve months is two dollars from its 52-week highs.

Agrium Inc. (NYSE:AGU) is an agriculture company produces and markets nutrients, industrial products and specialty products world wide. The stock is up nearly 40% over the past twelve months and the impressive growth looks poised to continue in 2011.

CapitalSource Inc. (NYSE:CSE) is an investment management company whose stock is up nearly 66% over the past twelve months. As the new year rolls on, CSE shares are within close reach of their annual highs.

The Bottom Line
Momentum is a cornerstone of bull market profiteering. What goes up, keeps going up, so long as the bears are kept locked tight in their cages. (For more, check out Riding The Momentum Investing Wave.)

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