What Makes Eldorado Gold Corporation (EGO) a Strong Momentum Stock: Buy Now?

Given these factors, it shouldn't be surprising that EGO is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Eldorado Gold Corporation on your short list. Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a ...