Stocks hitting new 52 week highs on September 19 are Winnebago Industries Inc, B&G Foods Inc, Santarus, Inc, Oxford Industries Inc, and The Cheesecake Factory 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 Winnebago Industries Inc (WGO) had a total return adjusted 52 week high today of $12.71 per share and are currently trading at $12.88. The stock traded higher by 1.66% or $0.21/share to $12.88. The stock recorded a trading volume of 99563 today. This represents 1.59 times the average volume for Winnebago Industries 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 B&G Foods Inc (BGS) had a total return adjusted 52 week high today of $31.07 per share and are currently trading at $31.57. The stock traded higher by 2.09% or $0.65/share to $31.57. The stock recorded a trading volume of 74938 today. This represents 0.64 times the average volume for B&G Foods 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 Santarus, Inc (SNTS) had a total return adjusted 52 week high today of $8.78 per share and are currently trading at $8.90. The stock traded higher by 1.60% or $0.14/share to $8.90. The stock recorded a trading volume of 213172 today. This represents 1.11 times the average volume for Santarus, 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 Oxford Industries Inc (OXM) had a total return adjusted 52 week high today of $58.32 per share and are currently trading at $59.01. The stock traded higher by 1.18% or $0.69/share to $59.01. The stock recorded a trading volume of 61013 today. This represents 1.47 times the average volume for Oxford Industries 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 The Cheesecake Factory Incorporated (CAKE) had a total return adjusted 52 week high today of $35.35 per share and are currently trading at $35.90. The stock traded higher by 1.73% or $0.61/share to $35.90. The stock recorded a trading volume of 474077 today. This represents 2.28 times the average volume for The Cheesecake Factory Incorporated. 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.
