Three Stocks on My Radar
To many investors, it seems counterintuitive to track stocks trading near new highs. After all, the reasoning goes, the run-up is over, so why not look for stocks that offer more of a bargain?
Of course, it's desirable to buy a stock before it rallies, not after. But when a stock is at new peaks, it is showing the kind of institutional support that frequently leads to further price gains. For that reason, it's worth tracking stocks perched at lofty heights. While they are not buyable right away, a dip, or even the next consolidation, could offer an attractive entry point....492 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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