Many investors tend to stay away from stocks that are appreciating strongly over time, mostly because of fears of buying too late when the stock is already overvalued. Having some patience when looking for entry prices and being conscious about valuation is very important. However, blindly avoiding stocks with vigorous momentum can mean that you are missing many of the most profitable opportunities in the market.
Momentum and valuation can be remarkably different things, and the best companies in the market can sustain massive outperformance over long periods of time.
Winners Keep On Winning
When