Cinemark (CNK) Shows Fast-paced Momentum But Is Still a Bargain Stock

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. 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. CNK meets this criterion too, as the stock gained 3.3% over the past 12 weeks. Moreover, ...