This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEB9M0BY_M.jpg
So, in this environment, investors are increasingly focusing on momentum investment strategies because these stocks that have managed to generate significant returns over the past few months amid market volatility and could continue to do so in the near-term. Investors’ interest in the momentum stocks is evidenced by iShares MSCI USA Momentum Factor ETF’s (MTUM) 10.1% returns over the past month versus SPDR Portfolio S&P 500 Growth ETF’s (SPYG) and SPDR Portfolio S&P 500 Value ETF’s (SPYV) 8% and 2.7% gains, respectively over the same period.
CNOOC Limited (CEO), O’Reilly Automotive, Inc. (ORLY), and Corning Incorporated (GLW) have experienced decent momentum over the past few months and should keep rallying. So, it could be wise to scoop up these stocks now.
