Tuesday, January 13th, 2009

The power of momentum stocks

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Here’s a nice article from a few years ago outlining why momentum stocks are attractive.

“I was digging around some of the files in the library and I was completely stunned by the incredible outperformance of stocks with high momentum, meaning stocks that are surging have a tendency to keep on surging. I was aware of some of the academic literature on this subject, but I have to confess that I was completely dumbfounded by the results.”

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