I find that trading the strongest momentum stocks during a market pullback tends to yield the best results.
I mean, stocks with high relative strength usually hold onto said strength better than weaker stocks, and they even bounce back faster, too.
If a stock gains momentum and outranks other ones, it means it has strong institutional backing. And large mutual funds don’t typically bail on stocks after minor pullbacks — they hold until they trade above their 200-day moving averages.
In short, the odds of a shakeout in faster-gaining stocks is less likely than in small caps, which would easily burst if 10,000 shares were liquidated.
So in light of Monday’s dive, it’s easy to see why most traders would want to take advantage of the strongest momentum stocks…
And luckily for you, I know exactly which ones!
The 2 Strongest Momentum Stocks to Target Now
The first momentum stock you’ll want to check out is Mid-America Apartment Communities Inc. (NYSE: MAA).
It’s a real estate investment trust, or REIT, that owns, operates, acquires and develops apartment communities in the Southeast and Southwest regions of the United States.
Mid-America’s strategy is focused around high-growth, large and secondary markets so it can catch superior risk-adjusted performance over full market cycles, and its stock has a one-year return of 68%!
But that’s not even the best part: Mid-America is currently outperforming 490 stocks in the S&P 500!
With the housing market heating up — and many folks selling their homes to lock in profits — many people are turning to apartments.
And the trend will only continue if real estate prices remain elevated.
Check out my short video below to learn more about the strongest momentum stocks to invest in right now.
Don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!
P.S. When it comes to making money in the stock market…
There’s a powerful, little-known secret used by a Wall Street legend known as “Chuck the Trophy Trader…”
And if the system is applied properly, it could give everyday folks the chance to trade with near-perfect accuracy!
You see, Chuck has won 97% of his trades in the past two years…
Imagine what the average trader’s life would look like if they had the power to predict 9.7 out of 10 trades correctly.
Don’t pass on this opportunity…
