5 ASX All Ords shares cracking new 52-week highs on Tuesday

a person stands on top of a mountain with hands raised above their head gazing on an amazing sunrise over the landscape and above the clouds.a person stands on top of a mountain with hands raised above their head gazing on an amazing sunrise over the landscape and above the clouds.

The All Ordinaries Index (ASX: XAO) is wobbling in and out of the green on Tuesday, but its volatility hasn’t proven enough to stop five shares that call the index home from posting brand new 52-week highs.

Indeed, some gained as much as 9% to surpass the milestone measurement earlier today.

Right now, the All Ords is down 0.13%, trading at 7,378.6 points.

So, what’s going right for these All Ords shares on Tuesday? Let’s take a look.

5 ASX All Ords shares surpassing 52-week highs today

The A2 Milk Company Ltd (ASX: A2M) share price soared 2.9% to trade at $7.14 at its Tuesday peak – marking a new 18-month high.

Interestingly, there’s been no price-sensitive news from the milk and infant formula producer since November.

However, the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) is also outperforming today, gaining 1.52% at the time of writing.

It’s also a good day to be invested in All Ords tech share Data#3 Limited (ASX: DTL). The stock soared 9% earlier today to trade at an all-time high of $7.32.

Its surge came on the back of news the IT services and solutions provider expects its first-half pre-tax profits to come in at the high end of its prior guidance.

Data#3 previously flagged between $21 million and $25 million of profits for the period.

Joining its tech peer in posting a new 52-week high today is fellow All Ords share Weebit Nano Ltd (ASX: WBT). The stock rose 3.6% earlier today to reach $4.65 – its highest point in nearly 10 years.

It’s now gained a whopping 30% since it announced the tape-out of its 22-nanometre memory chip technology.

The EBOS Group Ltd (ASX: EBO) share price is also at a 10-year high today. In fact, the stock hit its highest point since its 2013 initial public offering (IPO) earlier today when it soared 8.6% to trade at $45.77.

Interestingly, there’s been no news from the New Zealand-based healthcare, medical, and pharmaceutical distributor since August.

Finally, fellow All Ords healthcare share Aroa Biosurgery Ltd (ASX: ARX) hit a new 52-week high of $1.19 earlier today. That marked a 3.5% gain today.

It’s the seventh time the stock has surpassed the milestone in 2023 so far.

The post 5 ASX All Ords shares cracking new 52-week highs on Tuesday appeared first on The Motley Fool Australia.

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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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