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Thursday, 11/10/2011 11:06:35 PM

Thursday, November 10, 2011 11:06:35 PM

Post# of 197
Susser Holdings (SUSS) -


>>> Susser Holdings (SUSS) is a non-refining convenience store operator, as well as a non-refining motor fuel distributor. This stock is trading up 3.4% at $24.00 in recent trading after hitting a 52-week high of $24.20 earlier in the day.


http://www.thestreet.com/story/11307534/4/6-stocks-hitting-new-52-week-highs.html




Today's Range: $23.32-$24.21

52-week Range: $12.82-$24.21

Volume: 70,000

Three-Month Average Volume: 115,668

Susser, one of TheStreet's top-rated food and staples stocks, has a market cap of $410.66 million and an enterprise value of $780.10 million. The stock trades at a trailing price-to-earnings of 13.30 and a forward price-to-earnings of 17.99. Its estimated growth rate for this year is 81.8%, and for next year it's pegged at -33%. The current short interest as a percentage of the float for Susser is low at 3.9%.

This stock is moving higher today after the company reported third-quarter profits that more than doubled as the convenience store and gas station operator sold more merchandise and higher prices stoked fuel revenue.

From a technical standpoint, this stock is very close to triggering a major breakout if it can sustain a move and close above some past overhead resistance at $23.98 on high volume.

Traders should watch this stock very closely in the coming days and weeks for a high-volume move into that breakout territory that comes on volume over 115,000 shares. If that hits, then look for this stock to trend much higher in the near-term.

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