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Market Overview

New 52-Week High Stocks (NLST, COMS, CAAS, CTRP)

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Netlist, Inc. (NASDAQ: NLST) hits a new 52-week high at $2.25 in today’s morning trade. Currently NLST is trading at $2.20, up 64% or $0.87 on 269K shares. Yesterday, Netlist reported that it has launched HyperCloud, 2 virtual rank memory module for servers.

3Com Corporation (NASDAQ: COMS) soared 31% to $7.46. Today COMS have made a new 52-week high at $7.52. So far this year, 3Com Corp is up over 227%.

China Automotive Systems, Inc. (NASDAQ: CAAS) was another stock which made a new 52 week high at $16.88 and now trades at $16.54, increased by $1.90 or 13% after it reported third quarter net income of $8.6 million against $2.8 million same quarter last year.

Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) today broken its previous 52-week high and made a new high at $72.50 and now up 8.20% and trades at $69.61. CTRP gained 68% in the last six months.

 

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Posted-In: Intraday Update Trading Ideas