Chasing the Momentum Dream: 3 Stocks Leaving the Market in the Dust
OKTAOkta(OKTA) InvestorPlace·2024-03-12 04:55

The stock market has been performing remarkably well within the last year due to several factors, including reduced inflation, which has caused the Federal Reserve to change its tone when it comes to interest rate hikes. Between March 2022 and July 2023, the Fed raised interest rates 11 times. But, they predict that interest rate cuts by the end of 2024. There has also been strong development in multiple sectors, most notably within the technology industry. Momentum stocks are great during a bull market bec ...