Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message|
( followers)  

The following is a list of stocks that have reached 52-week highs on strong volume during recent sessions. In addition, all of these stocks have bullish analyst ratings.

For each stock we'll list the Relative Volume indicator, which expresses Monday's trading volume as a multiple of the three-month average volume. All of the stocks mentioned below have Relative Volume indicators above 1.5.

Analyst ratings are presented on a linear scale, where 1 = "Strong Buy" and 5 = "Strong Sell". All of the stocks mentioned below have ratings close to 1, i.e. bullish analyst opinion.

Analysts seem to think there's more upside to these names--what do you think? Full details below.

All data sourced from Finviz.



The list has been sorted by analyst recommendation.

1. Alliance Fiber Optic Products Inc. (AFOP): Communication Equipment Industry. Market cap of $119.15M. The stock reached a new high with a Relative Volume indicator at 7.11. Average analyst recommendation at 1. Short float at 0.2%, which implies a short ratio of 0.21 days. The stock has gained 126.07% over the last year.

2. China Biologic Products, Inc. (CBPO): Biotechnology Industry. Market cap of $380.58M. The stock reached a new high with a Relative Volume indicator at 2.23. Average analyst recommendation at 1. Short float at 10.36%, which implies a short ratio of 11.65 days. The stock has gained 70.87% over the last year.

3. Franklin Covey Co. (FC): Education & Training Services Industry. Market cap of $161.03M. The stock reached a new high with a Relative Volume indicator at 1.68. Average analyst recommendation at 1. Short float at 3.55%, which implies a short ratio of 13.64 days. The stock has gained 62.37% over the last year.

4. Constant Contact, Inc. (CTCT): Marketing Services Industry. Market cap of $898.81M. The stock reached a new high with a Relative Volume indicator at 1.88. Average analyst recommendation at 1.6. Short float at 38.37%, which implies a short ratio of 32.5 days. The stock has gained 97.45% over the last year.

5. ZAGG Incorporated (ZAGG): Specialty Retail Industry. Market cap of $198.51M. The stock reached a new high with a Relative Volume indicator at 1.58. Average analyst recommendation at 1.6. Short float at 21.81%, which implies a short ratio of 2.93 days. The stock has gained 99.76% over the last year.

6. Entropic Communications, Inc. (ENTR):
Semiconductor Industry. Market cap of $937.89M. The stock reached a new high with a Relative Volume indicator at 1.96. Average analyst recommendation at 1.7. Short float at 20.73%, which implies a short ratio of 5.45 days. The stock has gained 250.94% over the last year.

7. Active Power Inc. (ACPW):
Electric Utilities Industry. Market cap of $190.5M. The stock reached a new high with a Relative Volume indicator at 1.6. Average analyst recommendation at 1.8. Short float at 0.4%, which implies a short ratio of 0.62 days. The stock has gained 146.38% over the last year.

8. Korn/Ferry International (KFY): Staffing & Outsourcing Services Industry. Market cap of $1.03B. The stock reached a new high with a Relative Volume indicator at 1.55. Average analyst recommendation at 1.8. Short float at 3.82%, which implies a short ratio of 5.84 days. The stock has gained 31.87% over the last year.

9. The Cooper Companies Inc. (COO): Medical Instruments & Supplies Industry. Market cap of $2.65B. The stock reached a new high with a Relative Volume indicator at 1.65. Average analyst recommendation at 1.9. Short float at 12.71%, which implies a short ratio of 12.11 days. The stock has gained 59.58% over the last year.

10. Gardner Denver Inc. (GDI): Diversified Machinery Industry. Market cap of $3.69B. The stock reached a new high with a Relative Volume indicator at 1.66. Average analyst recommendation at 1.9. Short float at 1.59%, which implies a short ratio of 2.72 days. The stock has gained 75.34% over the last year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 10 Stocks Reaching New Highs on Strong Volume and Bullish Analyst Sentiment