Using a momentum investing strategy is one that has proven quite successful for investors in the past few months. Often stocks move in a particular direction for a period of time due to some type of catalyst. Other times it’s a seasonal effect that can drive stocks up or down. And sometimes it can be because of a new product launch or acquisition.
In this article, I will be covering three stocks that have done well this year and momentum upward should continue in July. The first company is a software company benefiting from the corona economy, and the other two stocks are biotech companies with potential solutions to the pandemic.
DocuSign, Inc. (DOCU)
DOCU provides an e-signature solution that enables businesses to prepare, execute,