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52-week high stocks discovered by |
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SpeculatingStocks. |
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Released on Friday, August 19, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) – Identifying stocks that are reaching new 52-week highs can be a great way to realize new opportunities in the stock market. Momentum is behind a lot of 52-week high stocks. Visitors to SpeculatingStocks can see stocks today that are hitting new 52-week highs by going to the SpeculatingStocks Stock Buzz page. There is minimal resistance for stocks that are entering 52-week high territory as they enter into blue sky. See stocks below that have achieved a 52-week high.
Here are some stocks that are reaching new 52-week highs and our thoughts on each:
ASUR (Asure Software Inc.) – ASUR just reported Cloud-based bookings growth of 41% Year over Year and 28% sequentially. ASUR has over $2 million in cash on the balance sheet and was net income positive. ASUR is a solid up and coming software company, trading at a market cap of around $10.5 million.
RTIX (RTI Biologics, Inc.) - RTIX produces orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues, and improve surgical outcomes. RTIX has been uptrending solidly since mid-June. This is while the market has struggled significantly. RTIX has been receiving good press and they are in an up and coming industry while trading at a market cap of less than $200 million.
PFIN (P&F Industries, Inc.) – PFIN manufactures and sells tools and hardware products in the United States. PFIN doesn’t receive much of a valuation due to their industry, but it has been uptrending throughout the past year, move from around $1.50 to around $5.00 now.
TOFC (Tower Financial Corporation) – On July 28th, TOFC reported record net income of $1.1 million or $0.22 per diluted share for the second quarter of 2011. TOFC has been in a sideways pattern since March, but has climbed to the top of its range the last few days.
MKTX (Market Axess Holdings, Inc.) – MKTX is a stock that gapped up during Wednesday’s trading session and has held up. MKTX is said to be exploring a sale of its operations.
Feel free to see a list of new 52-week high stocks (Under $10) at the bottom of the third column in our new Stock Buzz page. SpeculatingStocks Stock Buzz is updating throughout the day.
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