From Nasdaq: 2024-07-03 13:16:42

Trends With Friends noted that 68 stocks with over $1 billion market cap hit a 52-week high, while 47 hit 52-week lows, despite major indices rising. StockTwits identifies stocks with high relative strength and low followings, intending their future success once discovered. Brown-Forman, maker of Jack Daniel’s, and Polaris, a recreational vehicle manufacturer, present buying opportunities.

Brown-Forman, with 798 StockTwits followers, anticipates a return to growth in fiscal 2025 despite the post-pandemic slowdown. Polaris, with 1,977 StockTwits followers, faces lower sales due to unfavorable weather and high interest rates affecting large discretionary purchases. Five Below, with 5,568 StockTwits followers, struggles with declining same-store sales amid changing consumer spending habits.



Read more at Nasdaq: It’s Obscene How Many Good Companies Are Hitting 52-Week Lows