One way of screening for investment ideas is to look at companies that are either hitting their 52-week high, or 52-week low.
For the former, you could make an argument that something should be going right for the company for it to warrant such an achievement.
Especially when Singapore is still living with pandemic-related restrictions.
Companies that are surging to a year-high may either be doing something right, or investors may be expecting positive developments to occur shortly.
As such, it pays to scrutinise such businesses further to tease out why it has been performing.
A quick check on its prospects can also let you know if the business can qualify as a suitable investment target.
Here are three stocks that recently hit a 52-week high that you may want to consider for your watchlist.
Cordlife Group (SGX: P8A)
Cordlife owns the largest network of cord blood banks in Asia, along with full stem cell banking facilities....