Huntington Beach, CA -- (ReleaseWire) -- 10/22/2012 -- http://52WeekHighStocks.com provides subscribers with a free newsletter that reports up to the minute information and exclusive charts on cheap, undervalued, hidden, and undiscovered stocks and stocks making new highs in the United States.
The New 52-Week High indicates a stock is trading at its highest price in the past 52 weeks. This is an important indicator for many investors in determining the current value of a stock or predicting a trend in a stock’s performance. One popular strategy employed by stock traders is to purchase companies hitting new highs hoping its going to go higher.
Here is a stock that just hit a new high.
Cascade Corporation (Cascade) is a manufacturer of materials handling load engagement devices and related replacement parts, primarily for the lift truck industry and to a lesser extent, the construction industry. The Company manufactures a range of materials handling load engagement products that are used on lift trucks and, to a lesser extent, on construction and agricultural vehicles. Its products are primarily manufactured and distributed under the Cascade name and symbol. The primary function of lift truck related products is to provide the lift truck with the capability of engaging, lifting, repositioning, carrying and depositing various types of loads and products. Cascade offers a variety of functionally different products, each of which has a number of sizes, models, capacities and optional combinations. Lift truck related products are designed to handle loads with pallets and for specialized application loads without pallets.
The stock just hit a new high of $65.18 on large volume..
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