
Explanation:
Momentum investing is an investment strategy that aims to capitalize on the continuance of existing trends in the market. It involves buying securities that have shown high returns over a recent period and selling short securities that have shown low returns over the same period.
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Q.13 A portfolio manager focused on buying stocks that have gone up in recent months and shorting stocks with the lowest returns during the same period is most likely pursuing which of these investment strategies?
A
Value investing
B
Growth investing
C
Momentum investing
D
Income investing
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