Stocks hitting new 52 week highs on December 1 are Casey's General Stores Inc, The TJX Companies, Inc, Pool Corp, Invensense, Inc, and Mastercard Incorporated. 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 Casey's General Stores Inc (CASY) had a total return adjusted 52 week high today of $53.41 per share and are currently trading at $53.43. The stock traded higher by 0.09% or $0.05/share to $53.43. The stock recorded a trading volume of 74963 today. This represents 0.99 times the average volume for Casey's General Stores 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 The TJX Companies, Inc (TJX) had a total return adjusted 52 week high today of $62.00 per share and are currently trading at $62.24. The stock traded higher by 0.88% or $0.54/share to $62.24. The stock recorded a trading volume of 1134843 today. This represents 1.3 times the average volume for The TJX Companies, 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 Pool Corp (POOL) had a total return adjusted 52 week high today of $31.10 per share and are currently trading at $30.32. The stock fell by 0.59% or $-0.18/share to $30.32. The stock recorded a trading volume of 34183 today. This represents 0.44 times the average volume for Pool Corp. 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 Invensense, Inc (INVN) had a total return adjusted 52 week high today of $11.68 per share and are currently trading at $11.64. The stock traded higher by 3.37% or $0.38/share to $11.64. The stock recorded a trading volume of 131847 today. This represents 0.49 times the average volume for Invensense, 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 Mastercard Incorporated (MA) had a total return adjusted 52 week high today of $374.72 per share and are currently trading at $378.54. The stock traded higher by 1.07% or $4.01/share to $378.54. The stock recorded a trading volume of 427909 today. This represents 1.26 times the average volume for Mastercard Incorporated. 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.
