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3 Stocks Trading Near 52-Week High That Can Climb Further
Criteo S.A.Criteo S.A.(US:CRTO) Zacks Investment Researchยท2024-04-24 14:06

Stocks hitting their 52-week high and delivering consistent performance offer attractive opportunities to investors while building a portfolio. 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 ...