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Despite Fast-paced Momentum, Redfin (RDFN) Is Still a Bargain Stock
RDFNRedfin(RDFN) ZACKS·2024-07-23 13:51

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." There are several stocks that currently pass through the screen and Redfin (RDFN) is one of them. Here are the key reasons why this stock is a great candidate. Investor ...