Zacks.com featured highlights include: Stifel Financial, Citizens Financial, Shutterfly, Bioverativ and Waddell & Reed

For Immediate Release

Chicago, IL – January 25, 2018 - Stocks in this week’s article Stifel Financial Corp. SF, Citizens Financial Group Inc. CFG, Shutterfly, Inc. SFLY, Bioverativ Inc. BIVV and Waddell & Reed WDR.

5 Stocks Near 52-Week Highs with More Room to Run

A stock scaling a 52-week high level is considered a winner. The level works as an indicator for many investors for buying or selling the stock.

More often than not, investors wonder if the high price range has made the stock overpriced. While the apprehensions are not completely groundless, all stocks hitting a 52-week high are not necessarily high-priced.

In fact, in an attempt to avoid stocks that are trading near their 52-week high levels, an investor might miss out on top gainers.

A stock can continue the momentum and keep scaling new highs with time. Hence a more informed approach for understanding if any further upside is left is beneficial in these cases.

Here we discuss a strategy to find the right stocks:

Borrowing from the basics of momentum investing, this technique bets on the catchphrase “buy high, sell higher.”

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/289853/5-stocks-near-52week-high-with-more-room-to-run

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

Follow us on Twitter:  https://twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Contact: Jim Giaquinto

Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com

Visit: www.Zacks.com

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Shutterfly, Inc. (SFLY) : Free Stock Analysis Report
 
Stifel Financial Corporation (SF) : Free Stock Analysis Report
 
Waddell & Reed Financial, Inc. (WDR) : Free Stock Analysis Report
 
Citizens Financial Group, Inc. (CFG) : Free Stock Analysis Report
 
BIOVERATIV INC (BIVV) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research