Explanation:
Momentum investing is an investment strategy that aims to capitalize on the continuance of existing trends in the market. The strategy involves buying assets that have performed well in the recent past (going long) and selling assets that have performed poorly (shorting), anticipating that the trends will continue.
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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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