Stocks hitting new 52 week highs on December 7 are Tesoro Logistics LP, Genomic Health Inc, Bristol-Myers Squibb Company, Yum! Brands, Inc, and Citizens Republic Bancorp, 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 Tesoro Logistics LP (TLLP) had a total return adjusted 52 week high today of $29.96 per share and are currently trading at $29.81. The stock traded higher by 0.78% or $0.23/share to $29.81. The stock recorded a trading volume of 14457 today. This represents 0.99 times the average volume for Tesoro Logistics LP. 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 Genomic Health Inc (GHDX) had a total return adjusted 52 week high today of $29.04 per share and are currently trading at $28.73. The stock traded higher by 0.91% or $0.26/share to $28.73. The stock recorded a trading volume of 74375 today. This represents 1.4 times the average volume for Genomic Health 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 Bristol-Myers Squibb Company (BMY) had a total return adjusted 52 week high today of $33.35 per share and are currently trading at $33.42. The stock traded higher by 0.92% or $0.30/share to $33.42. The stock recorded a trading volume of 3892339 today. This represents 0.96 times the average volume for Bristol-Myers Squibb Company. 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 Yum! Brands, Inc (YUM) had a total return adjusted 52 week high today of $57.49 per share and are currently trading at $57.63. The stock traded higher by 0.52% or $0.30/share to $57.63. The stock recorded a trading volume of 1072524 today. This represents 0.87 times the average volume for Yum! Brands, 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 Citizens Republic Bancorp, Inc (CRBC) had a total return adjusted 52 week high today of $11.26 per share and are currently trading at $11.18. The stock traded higher by 0.09% or $0.01/share to $11.18. The stock recorded a trading volume of 57289 today. This represents 0.81 times the average volume for Citizens Republic Bancorp, 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.
