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Wednesday, October 26, 2011

Making New Highs: (QCOR), (BIIB), (TSS), (PNRA), (ACE)

Stocks hitting new 52 week highs on October 26 are Questcor Pharmaceuticals, Inc, Biogen Idec Inc, Total System Services, Inc, Panera Bread Co, and ACE Limited. 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 Questcor Pharmaceuticals, Inc (QCOR) had a total return adjusted 52 week high today of $35.11 per share and are currently trading at $38.50. The stock traded higher by 15.62% or $5.20/share to $38.50. The stock recorded a trading volume of 1706849 today. This represents 5.42 times the average volume for Questcor 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 Biogen Idec Inc (BIIB) had a total return adjusted 52 week high today of $109.96 per share and are currently trading at $116.11. The stock traded higher by 8.65% or $9.24/share to $116.11. The stock recorded a trading volume of 2307110 today. This represents 4.73 times the average volume for Biogen Idec 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 Total System Services, Inc (TSS) had a total return adjusted 52 week high today of $19.28 per share and are currently trading at $19.50. The stock traded higher by 4.22% or $0.79/share to $19.50. The stock recorded a trading volume of 2122427 today. This represents 4.61 times the average volume for Total System 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 Panera Bread Co (PNRA) had a total return adjusted 52 week high today of $133.43 per share and are currently trading at $132.60. The stock traded higher by 14.59% or $16.88/share to $132.60. The stock recorded a trading volume of 1578219 today. This represents 10.55 times the average volume for Panera Bread 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.

Shares of ACE Limited (ACE) had a total return adjusted 52 week high today of $71.58 per share and are currently trading at $71.17. The stock traded higher by 3.14% or $2.17/share to $71.17. The stock recorded a trading volume of 1181724 today. This represents 1.86 times the average volume for ACE Limited. 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.