3 Momentum Anomaly Stocks to Buy as Markets Skid on Growth Concerns

The broader U.S. equity markets witnessed a downtrend for the past four consecutive trading days as concerns regarding a slowing economy and sticky inflation took center stage. With the Purchasing managers’ index tally for January portraying a contraction in the U.S. services sector and the University of Michigan’s consumer sentiment index coming in weaker than expected, investors mostly moved to safe-haven assets. Apprehensions regarding escalating tariffs with President Trump vouching to enforce retaliato ...