Despite Fast-paced Momentum, iPower (IPW) Is Still a Bargain Stock
iPower (IPW) ZACKS·2024-06-06 21:50
Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times. Investors' growing interest in a stock is reflected in its recent price increase. A price change of 305.1% over the past four w ...