Why the "52-Week High" Is So Important – and How to Play It Profitably
September 01, 2020 at 06:00 AM EDT
When investors hear the phrase, “XYZ Company is at 52-week highs,” many misunderstand and think it’s a caution that the stock can’t go any higher. But what it really means is that yes, the stock is as high as it’s been in 12 months, but it can still go much higher. Tom’s going to explain why – plus, he’ll show you a stock you can play that proves it…. The post Why the "52-Week High" Is So Important – and How to Play It Profitably appeared first on Money Morning - We Make Investing Profitable . Read more... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.