When stocks are cruising near all-time or 52-week highs, it reflects considerable bullishness with trends where buyers are in control. Stocks making new highs tend to make even higher highs, particularly when analysts’ positive earnings estimate revisions are present.
That’s been precisely the case for these two stocks, both of which presently sport a favorable Zacks Rank and are trading near 52-week highs with notable momentum. Let’s take a closer look at what’s been driving the bullish behavior.
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