Stocks hitting new 52 week highs on September 20 are Visa, Inc, KiOR, Inc, Mastercard Incorporated, IAMGOLD Corp, and Fastenal Co. 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 Visa, Inc (V) had a total return adjusted 52 week high today of $91.52 per share and are currently trading at $94.44. The stock traded higher by 4.90% or $4.41/share to $94.44. The stock recorded a trading volume of 4436607 today. This represents 1.28 times the average volume for Visa, Inc. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of KiOR, Inc (KIOR) had a total return adjusted 52 week high today of $19.25 per share and are currently trading at $19.76. The stock traded higher by 4.83% or $0.91/share to $19.76. The stock recorded a trading volume of 91545 today. This represents 0.78 times the average volume for KiOR, Inc. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of Mastercard Incorporated (MA) had a total return adjusted 52 week high today of $352.02 per share and are currently trading at $359.62. The stock traded higher by 3.35% or $11.66/share to $359.62. The stock recorded a trading volume of 1274600 today. This represents 1.67 times the average volume for Mastercard 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 IAMGOLD Corp (IAG) had a total return adjusted 52 week high today of $23.26 per share and are currently trading at $23.30. The stock traded higher by 4.81% or $1.07/share to $23.30. The stock recorded a trading volume of 3169272 today. This represents 2.26 times the average volume for IAMGOLD Corp. 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 Fastenal Co (FAST) had a total return adjusted 52 week high today of $36.80 per share and are currently trading at $37.26. The stock traded higher by 2.11% or $0.77/share to $37.26. The stock recorded a trading volume of 2016223 today. This represents 1.49 times the average volume for Fastenal Co. 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.
