Stocks hitting new 52 week highs on December 2 are Epoch Investment Partners, Inc, Targa Resources Partners LP, Lithia Motors Inc, ONEOK Partners, L.P, and OSI Systems, 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 Epoch Investment Partners, Inc (EPHC) had a total return adjusted 52 week high today of $24.36 per share and are currently trading at $24.94. The stock traded higher by 4.97% or $1.18/share to $24.94. The stock recorded a trading volume of 23075 today. This represents 1.42 times the average volume for Epoch Investment Partners, 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 Targa Resources Partners LP (NGLS) had a total return adjusted 52 week high today of $37.83 per share and are currently trading at $39.38. The stock traded higher by 4.18% or $1.58/share to $39.38. The stock recorded a trading volume of 229670 today. This represents 2.9 times the average volume for Targa Resources Partners LP. 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 Lithia Motors Inc (LAD) had a total return adjusted 52 week high today of $23.66 per share and are currently trading at $24.00. The stock traded higher by 3.54% or $0.82/share to $24.00. The stock recorded a trading volume of 174271 today. This represents 1.12 times the average volume for Lithia Motors 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 ONEOK Partners, L.P (OKS) had a total return adjusted 52 week high today of $51.48 per share and are currently trading at $52.26. The stock traded higher by 1.71% or $0.88/share to $52.26. The stock recorded a trading volume of 80071 today. This represents 1.0 times the average volume for ONEOK Partners, L.P. 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 OSI Systems, Inc (OSIS) had a total return adjusted 52 week high today of $48.00 per share and are currently trading at $47.73. The stock traded higher by 2.51% or $1.17/share to $47.73. The stock recorded a trading volume of 36028 today. This represents 0.83 times the average volume for OSI Systems, 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.
