For Immediate Release Chicago, IL- April 05, 2016 – Today, Zacks Investment Ideas feature highlights Features: Arrow Electronics (ARW), Colgate-Palmolive (CL), Edwards Lifesciences (EW), Kinross Gold (KGC) and McDonalds (MCD). 5 Stocks Breaking Out to New Highs Stocks breaking out to new highs can provide the quickest ways to profits. They are among my favorite stocks to trade. Not only do you get the excitement of seeing a stock push up to uncharted territory but you also have clear cut risk parameters set out for you. That is, if you know what to look for. I look for the previous 52-week high on a stock that’s just broken through that price on heavy volume. That tells me there were enough bids to break on through to the other side, take out all the stops and still force the stock higher. Entering the trade becomes a no-brainer. All I have to do is set my stop loss below the previous 52-week high the stock just broke out from and hold on for the ride. Granted, not every stock is going to pan out how you want it to. That’s why we want to make sure our targets are at least two stop losses to the upside. Sounds complicated but it’s actually very easy. I’m not saying this is the perfect strategy. However, this is an easy way to get your risk parameters in order and give yourself the best chance at long term profits. What I mean by two stop losses to the upside is I take the difference between my entry price and my stop loss, multiply that number by two, then add it to my entry to get a target price. For example, I buy a stock at $10 with a stop loss at $9. Double the dollar difference and you have $2. Add $2 to $10 and I have my target at $12. With this risk versus reward ratio I only have to be right 1/3 of the time to breakeven. To further increase my odds of success I look for stocks that are Zacks Rank #1 (Strong Buy) and Zacks Rank #2 (Buy) stocks that have Momentum Style Scores of A or B. This way I’m holding stocks that the bulk of analysts have become increasingly bullish on as well. Here I’ve put together a list of five stocks breaking out to new highs. Arrow Electronics (ARW) Arrow Electronics provides products, services, and solutions to industrial and commercial users of electronics components and enterprise computing solutions worldwide. The company serves original equipment manufacturers, contract manufacturers and other commercial users. Arrow has shot straight up like one since bottoming out just above $45 in mid-January of this year. After crossing over the 21-day moving average on the last trading day of January shares haven’t retraced more than $6 on their march higher. I could get long here with a stop at $63 and a quick target just above $70. Colgate-Palmolive (CL) Colgate-Palmolive sells consumer products worldwide. It operates through two segments, oral, personal and home care along with pet nutrition. The company’s principal global and regional trademarks include Colgate, Palmolive, Speed Stick, Softsoap, Irish Spring and a host of others. You don’t normally associate a stock like Colgate-Palmolive with breakout momentum stocks. Breakout is exactly what the stock has done, pushing above $70 on the tail end of a rally that started at the beginning of the year. Just like ARW, shares of CL have found support at the 21-day moving average since late-January. I’d put a stop down at $69 and hang a target out at $75.60. Edwards Lifesciences (EW) Edwards Lifesciences provides products and technologies to treat structural heart disease and critically ill patients worldwide. It offers transcatheter heart valve therapy products comprising transcatheter aortic heart valves and their delivery systems for the nonsurgical replacement of heart valves. The stock has caught fire recently after some favorable results on some new technology the company has been working on. As a result, shares have rocketed through the previous highs at $90. The stock is trading above $105 today. I can chase this a little and adjust my risk parameters to just below the century mark. If I put a stop at $98 then my target is at $119. Kinross Gold (KGC) Everyone has been asking me for a way to play gold. Here’s a gold stock that’s breaking out to new highs right now. Kinross Gold engages in the acquisition, exploration, development and production of gold properties. The company’s gold production and exploration activities are carried out principally in Canada, the US, Russia, Brazil, Chile, Ghana and Mauritania. More volatility means we have to give this one a little room to run. I’m going to use the February high as my line in the sand. Here I’m going to put a stop below that level, comfortably at the 21-day moving average. This stock moves a lot so I’m not afraid to give it a little space. If I want to manage my risk I can do so by making it a smaller position than I normally would. That way I have the same amount of money on the table as I would with any other stock and I’m not over-doing it on this one. I’d look to put a stop down at $3.10 with a target at $4.25 McDonald’s (MCD) McDonald’s should need no introduction here. The golden arches you see above every highway in America. The iconic brand that’s been struggling with its image as of late. McDonald’s operates over 36,000 restaurants. When this big boy breaks out you can bet there are a lot of eyes watching it. Shares have gone from a low near $87 last August to trading above $127 today. The breakout above $124.83 lets me put my stop down at $122, very tight given the moves we’ve seen lately. I can put my target at $137. Bottom Line Sometimes the simplest strategy is the one that works the best. I’ve just shown you an easy, simple system to manage your risk and reward in a breakout stock scenario. Keep on filling the pipe with new ideas like this and over time you will trade your way to success. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today. Find out what is happening in the stock market today on zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ARROW ELECTRONI (ARW): Free Stock Analysis Report COLGATE PALMOLI (CL): Free Stock Analysis Report EDWARDS LIFESCI (EW): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report To read this article on Zacks.com click here.