Friday, August 18, 2006

Momentum Stock On the Move

Nu Horizons Electronics Corp. (NUHC) is on the move today with massive volume. It broke the 52-week high today with 4 times the normal volume. It is in the electronic part distribution business. It met my up momentum and fundamental requirments when I did my own proprietary screen this afternoon. It is now sitting at $12.70. It is definitely a by right now. More upside to the stock is coming in the near term.

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