Fast-paced Momentum Stock Synchronoss (SNCR) Is Still Trading at a Bargain
Synchronoss Technologies(SNCR) ZACKS·2024-08-30 21:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...