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Trading Ideas

The Unstoppable Factor That Drives Momentum Stocks Higher

I’ve been following and recommending momentum stocks for over three decades. It’s been a profitable endeavor.
What are momentum stocks, exactly?
Companies that lead the market in both profit growth and price action.
And what powers them higher is, almost invariably, innovation.
In today’s world, human beings, technology and capital markets act as a comprehensive problem-solving machine, making our lives easier, longer, healthier, safer and richer.
Yet it’s easy to underestimate the pace of technological progress.
Today, almost 60% of the world’s population has internet access, even though we only crossed the 50% milestone in 2018, and only a tiny percentage of us had even a …read more […]