Stocks with the Highest Rise in May 2022

Stocks with the highest gains jumped this year. There are even some stocks that have recorded a rise to 3 digits. The price of a number of stocks starting in early 2022 has seen a high rise.

But is the stock still worth buying? Even soaring prices occur continuously. The Composite Stock Price Index (JCI) last May recorded a negative performance.

The returns shown tend to be negative when compared to last April. The decline was recorded at minus 1.11%. According to data available last May, the index’s performance tends to follow its historical trend.

The average monthly JCI so far this year has been recorded at minus 0.68%. The probability of a weakening of the JCI in May is quite high. The stock figure with the highest increase of 45% follows the trend with the Sell in May and Go Away phenomenon.

Also Read: Artha Sekuritas Stock Recommendations Now Have The Opportunity To Go Up

A Number of Stocks with the Highest Rise

When the JCI recorded a correction, some stocks experienced it. There are some that provide capital gains of more than 100%. There are several recommendations for stocks that occupy this position, among others:

PT Cilacap Samudera Fishing Industry Tbk (ASHA)

In the first position occupied by shares of PT Cilacap Samudera Fishing Industry Tbk (ASHA). This issuer is one of the stocks with the highest increase last month.

ASHA shares were listed on the trading exchange on May 27, 2022 yesterday. The stock price is closed at the auto reject level of the ARA.

In just 3 trading days, the share price rose to Rp 100/unit to Rp 244/unit. This shows if the stock rose up to 144%. even ASHA stock was phenomenal in May 2022.

Also Read: LTLS Stock Recommendations Show Positive Trends in 2022

PT Trisula Textile Industries Tbk (BELL)

The stock with the highest increase this year also belongs to PT Trisula Textile Industries Tbk (BELL). Actually, the stock price of this issuer tends to be in a downtrend.

It’s just that the final phase of the correction trend shows that stock prices have shot up quite high without stopping since April 15, 2022. This is due to the price movement of the stock trading authorization locking 2x.

The first occurred on May 12 and the second on May 19, 2022 later this month. This continuous price movement lasted for more than a week. BELL’s share price rose up to 114%.

PT Trimitra Propertindo Tbk with the code LAND

The stock with the next highest increase is the company with the LAND code. The issuer experienced the highest increase since the third week of April 222. Last month it was seen that the return from stock capital gains showed a figure of more than 106%.

Also Read: Understanding Treasury Stocks, Complete Objectives with Examples

PT Argha Karya Prima Industry Tbk (AKPI)

AKPI shares tend to soar up to 84% throughout the month of May 2022. The stock price tends to move sideways which just shot up at the end of last week.

In just 3 days trading went up to 87%. There are even some stocks with the highest gains that move quickly. (R10/HR-Online)

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