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Stock impact report

3 Stocks Trading Near 52-Week High With Room to Rise Further [Yahoo! Finance]

Fresenius Medical Care AG (FMS) 
Last fresenius medical care ag earnings: 7/31 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This is because stocks near that level are perceived to be winners. However, stocks touching a new 52-week high are often predisposed to profit-taking, resulting in pullbacks and trend reversals. Moreover, given the high price, investors often wonder if the stock is overpriced. While the speculations are not absolutely baseless, all stocks hitting a 52-week high are not necessarily overpriced. In fact, investors might lose out on top gainers in an attempt to avoid the steep prices. Stocks such as Fresenius Medical Care AG & Co. FMS, Deutsche Telekom DTEGY and The Hanover Insurance Group THG are expected to maintain their momentum and keep scaling new highs. Extensive information on a stock is necessary to understand whether or not there is scope for further upside. Here, we discuss a strategy to find the right stocks. The strategy borrows from the basics of momentum investing. This technique bets on “buy high, sell higher.” Many times, stocks that hit a 52-week high fail to Show less Read more
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