Oil Shipper Hits New High; Three Stocks Also Near Pivots

It is no surprise that crude oil shipper Frontline (FRO) has rallied to heady heights, with tensions over the Strait of Hormuz continuing to roil oil markets. But Investor's Business Daily's New Highs list is also springing a few surprises for investors, with a chip name, a biotech play, and a vehicle parts maker earning spots. A bonus? All four…