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Zacks.com featured highlights include: Arconic, Amdocs, Tyson Foods, Target and Celgene

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For Immediate Release

Chicago, IL – June 11, 2019 - Stocks in this week’s article are Arconic Inc. , Amdocs Ltd. (DOX - Free Report) , Tyson Foods Inc. (TSN - Free Report) , Target Corp. (TGT - Free Report) and Celgene .

5 Solid Stocks Near 52-Week Highs Promise to Touch Peak Points

A 52-week high level generally works as an indicator for investors as stocks near the same are perceived to be winners.

Notably, investors often wonder if the stock is overpriced considering the high price. While the apprehensions are not absolutely baseless, all stocks hitting a 52-week high are not necessarily overvalued.

In fact, an investor might miss out on top gainers in an attempt to avoid the steep prices of stocks that are near the 52-week high mark.

However, a stock can maintain the momentum and keep scaling new elevations with time. So, one should adopt a more informed approach to understand if any further upside is left.

Here we discuss a strategy to find the right stocks.

Borrowing from the basics of momentum investing, this technique bets on “buy high, sell higher.”

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/427144/5-solid-stocks-near-52week-high-promise-to-touch-peak-point?art_rec=quote-stock_overview-zacks_news-ID04-txt-427144

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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Target Corporation (TGT) - free report >>

Amdocs Limited (DOX) - free report >>

Tyson Foods, Inc. (TSN) - free report >>

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