This year, investors should focus on strong momentum leaders on Wall Street, applying the “buy high and sell higher” philosophy of Richard Driehaus. Nu Holdings Ltd. (NU), Amazon.com, Inc. (AMZN), and Microsoft Corporation (MSFT) are emerging as attractive buying opportunities with strong momentum.
Driehaus’s strategy focuses on stocks increasing in price, with Nu Holdings, Amazon, and Microsoft meeting criteria like positive 50-day moving average and strong earnings growth rates. Screening parameters include Zacks Rank, EPS growth, and momentum score to narrow down potential outperformers to only 41 stocks.
Nu Holdings, Amazon, and Microsoft are three of the 41 stocks identified through the strategy, each with a Zacks Rank #2 and a Momentum Score of B. These companies have shown strong earnings surprises and are considered attractive buying opportunities with potential for further growth.
Read more at Nasdaq: 1 Fintech Disruptor + 2 Mag 7 Stocks to Buy as Momentum Surges
