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5 US Growth Stocks Hitting Their 52-Week Highs: Can Their Run Continue?
By The Smart Investor  •  April 12, 2024
The US stock market has been ebullient this year. Bellwether technology stock index NASDAQ Composite Index and the S&P 500 Index have both been scaling new all-time highs as investors price in a potential interest rate cut. Investors who are looking at attractive growth stocks to park their money in can filter out those that are hitting new 52-week highs. They can use this level as a starting point to dig further into the business and its prospects. Here are five US stocks that are touching their 52-week highs that you may wish to include in your buy watchlist. Amazon (NASDAQ: AMZN) Amazon is the largest e-commerce retailer in the world and offers cloud services and streaming television as part of its offerings. Shares of Amazon hit their 52-week high of US$187.34 recently and are up nearly 24% year-to-date (YTD). The e-commerce behemoth reported a sparkling set of earnings for 2023. Net sales rose 11.8% year on year to...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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