Are You Looking for a Top Momentum Pick? Why Danone (DANOY) is a Great Choice
DANOYDanone(DANOY) ZACKS·2024-09-06 01:01

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...