Great Lakes Dredge & Dock (GLDD) is on the Move, Here's Why the Trend Could be Sustainable
Great Lakes Dredge & Dock (GLDD) ZACKS·2024-07-18 13:51
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. GLDD is quite a good fit in this regard, gaining 23.5% over this period. Looking at the fundam ...