I like to buy growth stocks that are hitting new 52-week highs, or even all-time new highs. This may seem counter-intuitive to some. Isn’t it risky to buy a stock that is at all-time new highs? Doesn’t that mean that it has further to fall? If you study the greatest growth stocks of the past, you will begin to notice that they spend a lot of time trading at all-time new highs. This makes sense simply because any stock that goes up a lot must (almost by definition) spend a lot of time trading at new highs.
