Newpark (NR) Is Attractively Priced Despite Fast-paced Momentum

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 ...

Newpark Resources-Newpark (NR) Is Attractively Priced Despite Fast-paced Momentum - Reportify