Sabtu, 01 Mei 2021

7 Stocks That Still Have Upside For Investors to Buy

MarketBeat - Empowering Individual Investors to Make Better Trading Decisions

Good evening -

One of the most dangerous emotions to follow in investing is the fear of missing out (also known as FOMO). Investors see a stock that’s moving higher, and they begin to pile in, not wanting to miss out on the gains.

However, this frequently results in chasing a stock well beyond its fair price. And when that happens, it often leads to the last investors suffering the worst losses.

So is FOMO always bad? Like a lot of things in investing, the answer is … it depends.

Buying into speculative stocks or volatile assets (think cryptocurrency) has a higher chance of creating a FOMO trap. Now don’t get me wrong, it can be fun to invest in some speculative stocks. But like having a balanced diet, they shouldn’t make up the bulk of your portfolio. It may not be as much fun, but it’s a sound investment strategy.

In fact, it’s important to find a few good stocks that make up the base of your portfolio. These are momentum stocks that are in a strong uptrend.

One way to find such stocks is to look at the most active stocks (or volume leaders). Shares of these companies are among the most traded or have the highest dollar volume of shares traded in a given trading day. That gives investors strength in numbers.

Any stock may crack this list from time to time. But the stocks that tend to find their way on this list consistently are the ones that bear watching.

And that’s the reason we created this special presentation. The stocks on this list are among the most actively traded stocks on the market today. They also share a similar quality. They are coming off strong years in 2020 and seem to be showing some consolidation for another leg up.

View the “7 Stocks That Still Have Upside For Investors to Buy”

Matthew Paulson
MarketBeat.com


 
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