Hey, I've been looking at some investment opportunities lately and wondering about stocks that are performing well. Do you think it's smart to consider companies that have recently hit their annual peaks? I'm curious about your take on this strategy.

This is certainly an interesting approach, but there are several aspects to consider. When companies reach their annual peak performance, it can indicate strong momentum and positive market sentiment. However, you also need to consider whether you are buying at the peak or whether there is still potential for growth.I usually look at the fundamentals first — revenue growth, profitability, competitive position. Sometimes stocks reach their highs for valid reasons, such as breakthrough products or market expansion. Sometimes it can just be hype.The main thing is to carefully study each individual company, rather than just following price dynamics. Review resources that systematically track these indicators. Here, I am looking at the 52-week high of the Nasdaq https://finquota.com/best/52-week/52-week-high-nasdaq/ .