3 Stocks at 52-Week Highs Still Worth Buying
Investors are often wary of stocks trading at or near new highs. That's understandable: If a stock has recently had a big run-up in price, it's easy for investors to feel that they've missed the boat -- or put another way, that there's nowhere to go but back down.
Sometimes, though, a stock trading at a new high is just beginning its run-up. A new high might be a buy signal, a sign that something has recently changed for the better.
Of course, you need to look closely to confirm that the growth story is just beginning. We asked three Foolish investors to name stocks that they think are worth a close look right now. Here's why they think General Motors (NYSE: GM), Celgene (NASDAQ: CELG), and Citigroup (NYSE: C) still have a lot of growth left, despite their recent price surges.
Source: Fool.com
Citigroup Inc. Stock
With 23 Buy predictions and 2 Sell predictions Citigroup Inc. is one of the favorites of our community.
As a result the target price of 70 € shows a positive potential of 29.63% compared to the current price of 54.0 € for Citigroup Inc..
