Oct
01
2013
Near 52 Weeks High Stocks
A company's stock, which has been consistently high over a period of time is what investors prefer. The stock price is a good indicator of how popular a stock is and also how well the company is performing. The near 52 weeks high is a dependable indicator that helps those investing in stocks know their present value and predict future market trends. The highest price a stock traded in during a 52 week period is termed as a 52 week high, and the lowest at which it traded is called a 52 week low. When the price of a stock nears a 52 week high or a 52 week low, investors either buy or sell the stock.
If it has been high for nearly 52 weeks or if a new high is created, it is often felt to be the right time to sell. On the other hand, when the price of stock nears the lowest stock price in the preceding 52 week, investors rush to buy the stock. Although there can many reasons for the near highs and near lows, stock traders use the 52 week high and low range as a starting point for a more detailed analysis of the stock.
There are experts who study the stock market prices and compile the lists of the near 52 weeks high stocks. The top five companies that stock traders prefer to invest in are RAD, Rite Aid Corporation, HIMX Himax Technologie, RFMD RF Micro Devices, COLE Cole Real Estate, and WAG Walgreen Company.