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Friday, April 27, 2012

Reaching for the Stars: (RNF), (TCO), (TGP), (TAL), (RA)

Stocks hitting new 52 week highs on April 27 are Rentech Nitrogen Partners, L.P, Taubman Centers Inc, Teekay LNG Partners LP, TAL International Group, Inc, and RailAmerica, 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 Rentech Nitrogen Partners, L.P (RNF) had a total return adjusted 52 week high today of $28.87 per share and are currently trading at $29.40. The stock traded higher by 4.07% or $1.15/share to $29.40. The stock recorded a trading volume of 296320 today. This represents 6.36 times the average volume for Rentech Nitrogen Partners, L.P. 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 Taubman Centers Inc (TCO) had a total return adjusted 52 week high today of $78.11 per share and are currently trading at $77.63. The stock traded higher by 0.09% or $0.07/share to $77.63. The stock recorded a trading volume of 187394 today. This represents 1.65 times the average volume for Taubman Centers 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 Teekay LNG Partners LP (TGP) had a total return adjusted 52 week high today of $40.43 per share and are currently trading at $41.35. The stock traded higher by 3.09% or $1.24/share to $41.35. The stock recorded a trading volume of 196491 today. This represents 4.66 times the average volume for Teekay LNG 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 TAL International Group, Inc (TAL) had a total return adjusted 52 week high today of $39.99 per share and are currently trading at $41.08. The stock traded higher by 2.93% or $1.17/share to $41.08. The stock recorded a trading volume of 126221 today. This represents 1.34 times the average volume for TAL International Group, 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 RailAmerica, Inc (RA) had a total return adjusted 52 week high today of $22.57 per share and are currently trading at $23.15. The stock traded higher by 3.44% or $0.77/share to $23.15. The stock recorded a trading volume of 72546 today. This represents 1.48 times the average volume for RailAmerica, 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.