Beverly Hills, CA -- (ReleaseWire) -- 10/25/2012 -- 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.
Several stocks making new highs today that caught 52Weekhighstocks.com attention were as follows.
Overstock.com, Inc.(NASDAQ:OSTK) together with its subsidiaries, operates as an online retailer offering discount brand name, non-brand name, and closeout merchandise in the United States and internationally. The stock hit a new high of $13.20.
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Royal Caribbean Cruises Ltd. (NYSE:RCL) operates in the cruise vacation industry worldwide. The stock hit a new high today of $34.74.
Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) engages in the retail sale of home appliances, hardware, tools, and lawn and garden equipment in the United States. The stock hit a new high today of $33.50.
Other Stocks Being Monitored
TagLikeMe Corp., (PINK:TAGG) formerly Morgan Creek Energy Corp., is an Internet media and digital information technology company. The Company is engaged in the business of connecting online users with others. This stock is rebounding fast, up 30% today. Now the end of the month is fast approaching and the promoter working this only does one month alerts. This could be a fun one to short soon if you have the ability.
GDT Tek, Inc.,(PINK:GDTK) a development stage company, focuses on renewable and sustainable energy technologies. The stock has had some very positive days recently. Rumors are circulating about an internal 30 cent price target..
Immunotech Laboratories, Inc. (PINK:IMMB), a development stage company, engages in the research and development of protein-based therapeutic and diagnostic products with applications in HIV/AIDS. This stock is a sleeper and is being watched since when it wakes up it may goto $1.
DISCOVER STOCKS READY TO BREAK OUT
52Weekhighstocks.com is working on its next Undiscovered Company Special Report. These Special Reports typically see fast gains. Reports are issued to members only, Go to http://52weekhighstocks.com to subscribe for free.
Disclosure: 52 Week High Stocks is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. This press release may contain several forward looking statements. Please read our report and visit our website for complete risks and disclosures.