Against this backdrop, investors are focusing on momentum investing. This is because after gaining momentum a stock usually maintains it for some time irrespective of market conditions. Investors’ interest in momentum stocks is evidenced by iShares MSCI USA Momentum Factor ETF’s (MTUM) 8.1% gains over the past six months.
So, we think investors looking to dodge market volatility should consider betting on SS&C Technologies Holdings, Inc. (SSNC), Whirlpool Corporation (NYSE:WHR), Vertiv Holdings Co (NYSE:VRT), and Penske Automotive Group, Inc. (NYSE:PAG). These stocks have already gained momentum, which is expected to continue for some time based on the strength in their financials.
