Atlassian Stock Hits a New 52-Week High: What Should Investors Do?

Atlassian (TEAM) shares hit a new 52-week high of $262 on Friday, before closing a tad lower at $260.58. The stock has made a remarkable run over the past year with shares soaring 44.5%. Also, it has outperformed the Zacks Computer and Technology sector and the S&P 500's return of 32.9% and 31.2%, respectively. This significant outperformance reflects investors' confidence in Atlassian's position as the global leader and innovator in the enterprise collaboration and workflow software space and its double-di ...