Fast-paced Momentum Stock Urban Outfitters (URBN) Is Still Trading at a Bargain
Apr 25, 2023
Momentum investors typically don’t time the market or “buy low and sell high.” In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that “buying high and selling higher” is the way to make far more money in lesser time.
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Urban Outfitters is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
Investors’ growing interest in a stock is reflected in its recent price increase. A price change of 1.1% over the past four weeks positions the stock of this clothing and accessories retailer well in this regard. Read more at Zacks.
