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Thursday, July 14, 2011

Inching Ever Higher: (JAZZ), (EQT), (BMRN), (LTS), (YUM)

Stocks hitting new 52 week highs on July 14 are Jazz Pharmaceuticals, Inc, EQT Corporation, BioMarin Pharmaceutical Inc, Ladenburg Thalmann Financial Services Inc, and Yum! Brands, Inc. Investors are buying the stock and pushing it higher because they may think that these stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.

Shares of Jazz Pharmaceuticals, Inc (JAZZ) had a total return adjusted 52 week high today of $36.47 per share and are currently trading at $36.46. The stock traded higher by 4.22% or $1.48/share to $36.46. The stock recorded a trading volume of 795339 today. This represents 2.04 times the average volume for Jazz Pharmaceuticals, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.

Shares of EQT Corporation (EQT) had a total return adjusted 52 week high today of $55.25 per share and are currently trading at $54.90. The stock fell by 0.34% or $-0.19/share to $54.90. The stock recorded a trading volume of 1018969 today. This represents 1.78 times the average volume for EQT Corporation. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.

Shares of BioMarin Pharmaceutical Inc (BMRN) had a total return adjusted 52 week high today of $29.34 per share and are currently trading at $29.86. The stock traded higher by 2.09% or $0.61/share to $29.86. The stock recorded a trading volume of 857737 today. This represents 2.13 times the average volume for BioMarin Pharmaceutical Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.

Shares of Ladenburg Thalmann Financial Services Inc (LTS) had a total return adjusted 52 week high today of $1.70 per share and are currently trading at $1.63. The stock fell by 1.21% or $-0.02/share to $1.63. The stock recorded a trading volume of 418323 today. This represents 2.62 times the average volume for Ladenburg Thalmann Financial Services Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.

Shares of Yum! Brands, Inc (YUM) had a total return adjusted 52 week high today of $56.78 per share and are currently trading at $56.15. The stock traded higher by 1.03% or $0.57/share to $56.15. The stock recorded a trading volume of 6756539 today. This represents 3.78 times the average volume for Yum! Brands, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.