House & Home
Fri, August 20, 2010Thu, August 19, 2010Wed, August 18, 2010Tue, August 17, 2010Mon, August 16, 2010Fri, August 13, 2010Thu, August 12, 2010Wed, August 11, 2010Tue, August 10, 2010Mon, August 9, 2010Fri, August 6, 2010Thu, August 5, 2010Wed, August 4, 2010Tue, August 3, 2010Mon, August 2, 2010Fri, July 30, 2010Thu, July 29, 2010Wed, July 28, 2010Tue, July 27, 2010Mon, July 26, 2010Sun, July 25, 2010Fri, July 23, 2010Thu, July 22, 2010Wed, July 21, 2010Tue, July 20, 2010Mon, July 19, 2010Fri, July 16, 2010Thu, July 15, 2010Wed, July 14, 2010Tue, July 13, 2010Mon, July 12, 2010Bemis Company, Inc., DTE Energy Company, Hawaiian Electric Industries, Inc., NiSource Inc. and Sealed Air Corp.
//house-home.news-articles.net/content/2010/07/2 .. stries-inc-nisource-inc-and-sealed-air-corp.html
Published in House and Home on Wednesday, July 28th 2010 at 14:06 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
CHICAGO--([ BUSINESS WIRE ])--Stocks in this weeka™s article include: Bemis Company, Inc. (NYSE: [ BMS ]), DTE Energy Company (NYSE: [ DTE ]), Hawaiian Electric Industries, Inc. (NYSE: [ HE ]), NiSource Inc. (NYSE: [ NI ])and Sealed Air Corp. (NYSE: [ SEE ]). Kevin Matras talks about stocks making new highs and why you shouldn't be afraid to buy them.
Screen of the Week written by Kevin Matras of Zacks Investment Research:
Today I'm going over a simple screen with a powerful concept: Buying stocks making new highs.
I know some are reluctant to buy stocks making new 52-week highs. If you're one of them, have you ever asked yourself why? If a stock is making a new 52-week high, that's a good thing. Just like a stock making a new 52-week low is a bad thing.
I'm pretty sure that a person who dislikes buying stocks making new 52-week highs wouldn't be too upset if the stock he already owned broke out to a new 52-week high. And why should he? Statistics have shown that stocks making new highs have a tendency of making even higher highs.
These are the stocks we all dream about being in. Get in and it keeps going up.
Of course the fundamentals need to be there. And you should keep a watchful eye on valuations. But if you were in a stock making new highs and cheering it on, it seems silly to be afraid of one doing the same just because you haven't bought it.
One question I like asking myself just to put things into perspective is: If I was in it, would I be excited and would I still want to be in it? If the answer is yes, then I'll look for the best opportunity to get in. If the answer is no, I'd want to take profits, and then move on.
The screen I'm running today looks fora
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