Get 52 week-high stocks list for the day and track them
The stock market is an ever-evolving space where stocks rise and fall in value on a daily basis. Stock prices change for various reasons, from company performance and market trends to political and economic events. However, one measure of a stock’s value is its 52-week high price.
As we discuss further, do note that you can get the list of all stocks that are at their 52-week high today in the ticker on this page itself.
Understanding 52-Week High Stocks
A 52-week high is the highest closing price a stock has reached in the past 52 weeks or one year. It is a significant milestone for both investors and companies as it represents an investor’s potential gains from the stock and a company’s positive financial performance.
In this article, we will discuss 52-week high stocks and what they mean for investors.
What are 52-week High Stocks?
52-week high stocks refer to stocks that have reached their highest stock price within the past year. 52-week high stocks are significant as they represent the highest point reached by the stock in the past year, indicating investor confidence in the company.
Why are 52-week High Stocks Important?
Investors view 52-week high stocks as a significant indicator of a company’s financial performance. A stock that reaches a new 52-week high suggests that the company is advancing and growing its revenue and profits. It also indicates that investors are confident and optimistic about the company’s future growth potential. The rise in stock prices also signals a positive investor sentiment, which can increase trading volume.
Are 52-Week High Stocks a Good Investment Opportunity?
Investors often view 52-week high stocks as a good investment opportunity, but it is essential to remember that past performance is not always an indicator of future returns. Additionally, a stock reaching a new 52-week high does not guarantee continued growth in the short term. Some stocks may experience a dip in prices after reaching a 52-week high as investors take profits or become wary of overvaluation.
However, the historical trend suggests that investing in 52-week high stocks can be a wise strategy. A study conducted by Meir Statman and Denys Glushkov, titled "The Wages of Social Responsibility," revealed that a portfolio comprising 52-week high stocks outperformed a portfolio consisting of 52-week low stocks in the long run. The study also showed that the portfolio with 52-week high stocks had a higher Sharpe ratio, indicating better risk-adjusted returns.
Risks Associated with Investing in 52-Week High Stocks
52-week high stocks come with risks, as with any investment. One risk is the potential for market pullbacks and corrections that can cause a stock to lose its value. Another risk is overvaluation, where the stock's price exceeds its intrinsic value, making it more susceptible to a correction.
How to Find 52-Week High Stocks?
Finding NSE 52-week high stocks is easy as it is readily available through various financial sources. The easiest and most commonly used method is using ticker.
Investors can get the list of all 52-week high stocks for the day in the ticker for free. It is updated daily based on the market. Investors can also use stock charts and fundamental analysis to determine if a company is worth investing in.
Investors should also consider the fundamental aspects of the company, such as its industry, financial health, management, and competition. A stock reaching a 52-week high may not necessarily indicate the company's true value or future performance.