3 “Strong Buy” Stocks Riding a Momentum Wave

SourceYahoo News
SectorFinancial Markets
CountryGulf

Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.TipRanksJune 9, 2021, 7:25 AM·8 min readOops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.

Some stocks are quick to grab our attention. These may be companies with the next ‘in’ thing, in society or technology, or they may be stocks that bring a high dividend, or they may be the stocks that have shown strong recent gains.

Let’s talk about that last, because following the fast-growing stocks is a strategy that many investors prefer. Call it momentum investing; seeking out the stocks that have built up a head of steam in their recent gains – and are poised to keep going.

It’s a financial market version of Newton’s first law – an object in motion will tend to keep moving.

Capitalizing on the inertia of fast-growing stocks can bring solid returns to your portfolio; the hard part is determining which...read more...