Cubist Pharmaceuticals (CBST)
Stocks touting 52 week highs are hard to come by these days so I thought I would share one with you tonight. Take a look at the daily chart of Cubist Pharmaceuticals (CBST) below. This stock has been in a strong uptrend over the past year and has become extremely volatile over the past few months clearing a large consolidation base mid-year and then returning for a full retest in October when the markets fell apart. It has bounced back very quickly and tagged a new 52-week high today.
Related Stories
The above story is the opinion of the author only and it does not reflect
iStockAnalyst opinion. Further, the author is not personally advising you
regarding the suitability of the story for your investment needs. In no event
iStockAnalyst will be liable for any loss or damage including without
limitation, indirect or consequential loss or damage, or any loss or damage
whatsoever arising from or arising out of, or in connection with the use of this
information. Please consult your investment advisor before making any investment
decision.
