4 Momentum Stocks to Grab as Market Continues to Surge
Although major stock market averages have marched higher on impressive third-quarter corporate earnings this month, high inflation, supply chain bottlenecks, and the potential tightening of monetary policy continue to spook investors. Therefore, we think it could be wise to bet now on fundamentally sound momentum stocks Signet Jewelers (SIG), Matson (MATX), Tilly's (TLYS), and TransGlobe Energy (TGA). These stocks have consistently delivered solid returns and are well-positioned to maintain their momentum in the near term. PlayUnmute Fullscreen VDO.AI Skip Ad shutterstock.com - StockNews The major stock indexes’ performances have remained upbeat over the past three weeks thanks to impressive third-quarter corporate earnings. However, the S&P 500 and the Dow Jones Industrial Average slipped from their record highs yesterday. Despite overall positive market sentiment, investors’ concerns about an increase in the Consumer Price Index in September, continuing supply chain d...