6 Stocks at New 52-Week Highs

Body Central

Body Central (BODY) is a specialty retailer of young women's apparel and accessories operating retail stores in the South, Mid-Atlantic and Midwest regions of the U.S. This stock is trading up 2.8% at $27.39 in recent trading after hitting a 52-week high of $27.99 earlier in the day.

Today's Range: $26.80-$27.99

52-Week Range: $14.61-$27.24

Volume: 440,000

Three-Month Average Volume: 147,734

Body Central has a market cap of $439 million and an enterprise value of $394 million. The stock trades at a trailing price-to-earnings of 26.86 and a forward price-to-earnings of 18.32. Its estimated growth rate for this year is 48.8%, and for next year it's pegged at 23%. The current short interest as a percentage of the float for Body Central stands at 10.4%.

From a technical perspective, BODY is triggering a major breakout trade today now that this stock is moving above some past overhead resistance at $26.89 on monster volume. This move has now pushed BODY into all-time high territory, which is bullish price action.

Traders should continue to look for long biased trades as long as BODY continues to trend above $26.89 with strong volume. In the very short-term, look for BODY to tag $30.

To see more stocks hitting new 52-week highs today, check out the Stocks Hitting New 52-Week Highs portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.

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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

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