My Stock Winners

The bigger they are, the harder they fall.” This old saying sums up the worst nightmare of every Amazon investor, and every investor in today’s market. Dare ye buy at the top?

Every day, Nasdaq.com publishes a list of the market’s top stocks — the companies whose shares have just hit their highest intraday price of any time in the past 52 weeks. Every day, investors read this list and tremble — some with greed (big mo’, baby!), and others in pure, unmitigated, acrophobic terror (whatever you do, don’t look down).

You could heed them. You could ignore them. You could take the stock tickers and construct anagrams from ‘em. For my money, though, the best course of action is to use the “52 week high” list as just a starting (or selling) point for further research. After all, stocks can go up for many reasons, and it’s up to you to decide how worthy those reasons are.

With that said, let’s meet recent list of contenders, drawn from the latest “52 week high” list at Nasdaq.com. What does our panel of more than 65,000 stock gurus (and counting) have to say about them?

Sell Amazon (AMZN)
Use that profit to buy (HIMX)