5 Year New Highs

Everyone is familiar with 52 week new highs but how about longer term time frames. Quite some time ago, maybe back in to the mid 1990s I recall reading an ad that caught my attention.  Basically the author was stating that he made real good money in the markets with but 20 minutes a week.

I was intriqed and the report was not overly expensive maybe $70 so I purchased it. The authors humble opinion was that stocks making multi-year new highs were great buys because they had happy shareholders, no one looking to get out even.  I personally have never purchased a stock based solely on that piece of information but it is a pretty good screen showing us where deep strength lies.  After all these stocks are higher than when the bear market began. They must be doing something right. Are any of these in your portfolio?

A twice weekly screen in the Member Area: