Many value investors, myself included, tend to shy away from buying stocks which have risen significantly from their lows, or are trading at 52-week highs. It takes time to get over the psychological barrier that prevents many investors from buying a stock when it is printing new highs. However, there is evidence that suggests investors should not be so cautious. Winners and losers identified by the 52-week high strategy During October 2004, a study was published in the Journal of Finance entitled, “The 52-Week High and Momentum Investing” the study, finds that ‘returns associated with winners and losers identified by…
The 52-Week High List And Value Investing
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk