Investment opportunities can be found in many places – the new 52-week high list is one of my favorites. These stocks have built-in momentum already on their sides along with at least one major positive catalyst that propelled them beyond that resistance line.
While it might seem strange to start buying a stock at such a high price, history suggests that stocks breaking above a 52-week high generally continue to climb upwards. It's arguably the easiest trend to spot and can be a lucrative investing strategy when the momentum is carried along by strong fundamental catalysts.
While rummaging through the new 52-week high list, I found 2 stocks that I think have a lot of untapped potential and more room to run. Continue reading "Winners On The New High List"