Breaking: Is Buying 52-Week Stock Like HarborOne Bancorp Inc a Winning Strategy?

Breaking: Is Buying 52 Week Stock Like HarborOne Bancorp Inc a Winning Strategy?

The stock of HarborOne Bancorp Inc (NASDAQ:HONE) hit a new 52-week high and has $22.49 target or 33.00% above today’s $16.91 share price. The 8 months bullish chart indicates low risk for the $540.30 million company. The 1-year high was reported on Nov, 2 by If the $22.49 price target is reached, the company will be worth $178.30 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 3,925 shares traded hands. HarborOne Bancorp Inc (NASDAQ:HONE) has risen 6.00% since October 3, 2016 and is uptrending. It has outperformed by 3.48% the S&P500.

According to Zacks Investment Research, “HarborOne Bancorp, Inc. is a financial services holding company. It is a state-chartered stock co-operative bank. The Bank offers services which include personal banking, business banking and commercial lending. Its product and services consists of savings accounts, debit and credit cards, business and personal loans, mortgages, cash management, line of credit, online banking and estatements. The bank operates primarily in eastern Massachusetts, Rhode Island and New Hampshire. HarborOne Bancorp, Inc. is headquartered in Brockton, MA.”

More notable recent HarborOne Bancorp Inc (NASDAQ:HONE) news were published by: which released: “HarborOne Bank and HarborOne Bancorp, Inc. Announce Expected Closing Date” on June 28, 2016, also with their article: “HarborOne Bancorp, Inc. Announces Completion of Reorganization and Stock Offering” published on June 29, 2016, published: “HarborOne Bancorp, Inc. Announces Second Quarter 2016 Earnings” on July 22, 2016. More interesting news about HarborOne Bancorp Inc (NASDAQ:HONE) were released by: and their article: “HarborOne Bancorp Provides Update on Minority Stock Offering” published on June 15, 2016 as well as‘s news article titled: “HarborOne Bancorp, Inc. Announces Third Quarter 2016 Earnings” with publication date: October 21, 2016.

HONE Company Profile

HarborOne Bancorp, Inc. is the state-charted co-operative bank in New England. The Bank offers its services in various categories, which include personal banking, business banking and commercial lending. The Bank’s personal banking services include checking accounts, savings accounts, certificate of deposits (CDs), money market accounts, wealth management, online and mobile banking, personalized debit cards, credit cards, deposit rates and fee schedule for personal accounts, and loans category, which include home loans, auto loans, personal loans and make a loan payment. The Company’s personal banking checking accounts include Advantage Gold Checking, Checkit Checking, FreePlus Checking, I-Checking and The Works Checking. The Company’s personal banking credit card includes Visa Bonus Rewards Card, Cash Rewards American Express Card, Visa Platinum Card and College Rewards Visa Card. The Company’s mobile banking features include mobile check deposit, pay bills, activate or deactivate users’ auto-teller machine (ATM)/debit card and transfer money between users’ its accounts. The Company’s personal banking saving accounts include checkit savings, club accounts, I-savings and statement or passbook savings.

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