5 Stocks Setting New 52-Week Highs

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According to Jeff Reeves of InvestorPlace, "There's a theory on Wall Street that a stock setting new high will continue to do so for a while -- and that stocks setting new 52-week lows will continue to plumb the depths. This kind of momentum is partially technical but also largely driven by big news including buyouts, big sales deals or other attention-grabbing headlines. ... But please note than when it comes to 52-week highs there are sometimes as many reasons to be wary as there are reasons to think the profits will keep flowing."

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