NEW YORK ( TheStreet) -- Buying a stock that is near a 52-week high is buying strength and going with the flow. Like a river, moving along with the flow can make your work much easier than trying to fight the market. For most investors, it's also more natural avoiding a contrarian view. The trick is not jumping into the river immediately upstream from a waterfall.Historic stock performance indicates most stocks making 52-week highs continue to rise further. I have spent countless hours studying data on companies that are able to reach new trading levels and those that fail to continue higher.
5 Buys Near 52-Week Highs, 2 to Avoid
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