Stocks That Will Continue to Achieve New Highs (BBY, SJM, AGU, KO, TRA, MRK, CTL)
Best Buy Co Inc (NYSE: BBY) shares began their uptrend movement on October 30, and there are no reversal signs in sight so far. The stock could add some points as holiday season is nearing.
The JM Smucker Company (NYSE: SJM) shares have appreciated today by 5.25% to $56.29 after witnessing sideways movement for some time now. This sudden move up could mean that investors have made up their minds on buying healthy food stocks in tough economic environment. The JM Smucker Company (SJM) had a big volume today with $3.05M made.
Agrium Inc. (USA) (NYSE: AGU) is on the uptrend as agriculture commodities are going up. Agrium (AGU) added 0.19% today.
Warren Buffett's favorite investment, The Coca-Cola Company (NYSE: KO) jumped 1.05%. Coca Cola (KO) is always a good investment as everybody drinks Coke.
When agriculture commodities are up, fertilizer companies are always good idea. Terra Industries Inc. (NYSE: TRA) gained 5.14% to close at $40.06.
Merck & Co. (NYSE: MRK) closed at $36.46 today with a 3.20% increase. This diversified company has many drugs in the pipeline and it could continue to go up.
CenturyTel, Inc. (NYSE: CTL) managed to break the resistance today. It closed at $35.61 and had the volume that was twice its average volume. With P/E at around 12 it could easily continue to move forward.
