Imperial Oil (IMO) Shows Fast-paced Momentum But Is Still a Bargain Stock

  • Date: 21-Feb-2022
  • Source: Nasdaq
  • Sector:Oil & Gas
  • Country:Gulf
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Imperial Oil (IMO) Shows Fast-paced Momentum But Is Still a Bargain Stock

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could