Newpark (NR) Is Attractively Priced Despite Fast-paced Momentum
Newpark Resources(NR) ZACKS·2024-06-20 13:50
So, NR appears to have plenty of room to run, and that too at a fast pace. While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. NR meets this criterion too, as the stock gained 9.6% over the past 12 weeks. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In su ...