Posted on Monday, June 20th, 2011 | In Current Market News, Trading Ideas
Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels.
The following stocks hit new 52-week highs in Friday's trading session:
1) Sally Beauty Holdings (NYSE: SBH): Shares of Sally Beauty hit a 52-week high of $16.90 in Friday's trading session.
About Mike Havrilla (http://mikehavRx.com)
www.mikehavRx.com is your prescription for stock index investing updates focused on the healthcare sector, medical innovation, and pending binary events such as FDA decisions and clinical trials. The actively managed HavRx Regulatory Catalyst Index update report is currently tracking over 575 entries and over 375 companies (including approximately 200 stocks trading under $5 per share and 40 private companies). Promo codes (50% discount) are available for college students, investment clubs, and subscribers to my previous FDA Calendar or similar services. The service is provided in the form of PDF files located at the subscriber home page (in the format illustrated above this paragraph) that can be accessed upon successful log-in. Currently, 23 PDFs are available to premium subscribers, including 17 files for each of the passively managed stock index components and six reports for the actively managed Regulatory Catalyst Index. The Regulatory Catalyst Index reports are sorted by company name, stock ticker, catalyst date, stock price, and the date of most recent update for each entry and are updated on regular stock market trading days between 6-8pm (ET) along with a real money portfolio tracker and a daily stock watch list report that includes up to 50 companies with the company name, stock ticker, price at regular market close, percentage change, 52-week high / low, and comments / strategy. Mike Havrilla is a stock index developer, pharmacist, and writer with experience that includes online investing since August 1997 and writing for investors since April 2007 with a focus on the healthcare sector and medical innovation. Mike holds Doctor of Pharmacy (2003) and Bachelor of Science (Biology) (1998) degrees from the University of Pittsburgh and worked in the pharmaceutical industry for Wyeth prior to pharmacy school. He is also an avid runner (50-75 miles per week) since 1992 and has completed 20 marathons with a personal best time of 2 hours, 54 minutes for the 26.2 mile race.