Buy Hold Sell, by Livewire Markets
Business:Investing
Some investors like the idea of treating the stock market like an extended fishing trip. They'll carefully pick their spot (think investment universe), patiently wait for the right opportunity, and aggressively reel it in when the time comes and hope that it's a big one.
For others, that approach may incite the reaction from the famous meme "Ain't nobody got time for that" and favour buying stocks that are already running hard. We call them momentum traders.
In this episode, we've picked out five ex-20 companies the market loves right now, but we've also got fundies Catherine Allfrey of WaveStone Capital and Jason Kururangi of Aberdeen Standard Investments to apply a qualitative overlay over the bullish behaviour of Altium, Northern Star Resources, and Pro Medicus.
Is chasing these momentum stocks akin to falling for the hook, line and sinker? Catherine and Jason discuss that question here, and also bring their two best Ideas in an uptrend but offering good value.
Visit Livewire Markets to access the video and transcript for this episode.
Note: This episode was filmed on 21 October 2020.
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