Nomad Foods (NOMD) Is a Great Choice for 'Trend' Investors, Here's Why
NOMDNomad Foods(NOMD) ZACKS·2024-09-19 21:50

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...