Love all around: 2 ASX All Ords stocks smashing new 52-week highs on Valentine’s Day

a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.a geeky looking man wearing a vest and a bow tie clutches a stuffed love heart as he is covered in lipstick kisses from an attractive woman leaning into him and kissing him on the cheek.

The All Ordinaries Index (ASX: XAO) appears to be brimming with love today and is giving ASX investors a bit of a Valentine’s Day present. At the time of writing, the All Ords has risen by a healthy 0.19%, putting the index at just under 7,630 points.

But some ASX All Ords shares are receiving even more love from Cupid. So let’s check out two that have just hit new 52-week highs this Valentine’s Day.

2 ASX All Ords shares hitting new highs today

AUB Group Ltd (ASX: AUB)

First All Ords share worth a gander is the insurance brokering company AUB Group. AUB shares have had a rather interesting day, as you can see below:

The company has hit a new multi-year high. AUB shares touched $25.48 each just after market open this morning. Not only is that a new 52-week high, but it is the highest the shares have traded at since early January 2022.

But alas, these new heights were not to last. Soon after hitting this peak, AUB shares plummeted and are now barely breaking even at $25.07 each, up just 0.2% for the day thus far.

There hasn’t been much in the way of news out of this company lately, so perhaps investors can’t decide what AUB might tell us when it releases its half-year earnings on 22 February later this month.

Weebit Nano Ltd (ASX: WBT)

Next up today is another All Ords share in Weebit Nano. This ASX tech share has also had a bit of a bumpy ride this Tuesday, but we can’t take away the company’s new 52-week high. Again, it was soon after market open that the Weebit Nano share price reached $6.222 each.

That’s a new 52-week high for Weebit Nano shares. But it’s also the highest point this company has reached in over a decade. Yep, you’d have to go back to 2012 to find the last time Weebit Nano shares had a 6 in front of them. Weebit Nano has since cooled off a bit but is still up 0.84% at present to $5.97 a share.

This company has had an extraordinary 2023 so far, with Weebit Nano shares up a whopping 71.4% year to date:

These monstrous gains seem to stem from the company’s early January announcement that it was bringing its first-ever 22-nanometre chip to manufacturing. 

The post Love all around: 2 ASX All Ords stocks smashing new 52-week highs on Valentine’s Day appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen 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 Aub Group. 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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