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Monday, August 15, 2011

Inching Ever Higher: (UL), (ZAGG), (EBIX), (SUSS), (CF)

Stocks hitting new 52 week highs on August 15 are Unilever plc, ZAGG Incorporated, Ebix Inc, Susser Holdings Corporation, and CF Industries Holdings, 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 Unilever plc (UL) had a total return adjusted 52 week high today of $33.07 per share and are currently trading at $33.43. The stock traded higher by 1.61% or $0.53/share to $33.43. The stock recorded a trading volume of 1391420 today. This represents 2.99 times the average volume for Unilever plc. 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 ZAGG Incorporated (ZAGG) had a total return adjusted 52 week high today of $16.90 per share and are currently trading at $16.10. The stock traded higher by 9.30% or $1.37/share to $16.10. The stock recorded a trading volume of 3462634 today. This represents 5.88 times the average volume for ZAGG Incorporated. 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 Ebix Inc (EBIX) had a total return adjusted 52 week high today of $16.87 per share and are currently trading at $16.74. The stock traded higher by 2.26% or $0.37/share to $16.74. The stock recorded a trading volume of 77422 today. This represents 0.32 times the average volume for Ebix Inc. Lower than average volume can mean the new high may not represent the stock's true value. Investors may want to watch out for this stock adjusting back down to its true value.

Shares of Susser Holdings Corporation (SUSS) had a total return adjusted 52 week high today of $18.35 per share and are currently trading at $18.31. The stock traded higher by 5.05% or $0.88/share to $18.31. The stock recorded a trading volume of 76120 today. This represents 4.38 times the average volume for Susser Holdings 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 CF Industries Holdings, Inc (CF) had a total return adjusted 52 week high today of $168.84 per share and are currently trading at $166.26. The stock fell by 1.15% or $-1.93/share to $166.26. The stock recorded a trading volume of 1036183 today. This represents 1.47 times the average volume for CF Industries Holdings, 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.