Investors will sit up and take notice when a stock breaches a new 52-week high. Such share price movements may indicate that something good is happening with the business that is causing investors to feel optimistic. It could be that revenue and earnings have increased, the business provides upbeat guidance, or the company has snagged a significant contract or conducted a savvy acquisition. When it comes to growth stocks, you can easily filter for those that have hit their recent year-highs. We feature five stocks that have broken their 52-week highs and you can assess if they should be included in your buy watchlist.

3M Co (NYSE: MMM)

3M is a conglomerate that utilises science to develop products that enrich people’s lives. The company has four main divisions – safety and industrial, transportation and electronics, healthcare, and consumer. Shares of 3M surged by 38.3% year-to-date to hit their 52-week high of US$128 last week....