4 Momentum Stocks To Pick Despite MedTech Policy Debacle
Zacks Investment Research | Sep 14, 2017 11:05PM ET
The scuffle over the Affordable Care Act (“ACA”) or Obamacare continues with Republicans gearing up for a last-ditch effort. This latest GOP face saver arrived last week from a motley group of GOP Senators consisting of Lindsey Graham of South Carolina, Bill Cassidy of Louisiana, Dean Heller of Nevada and Ron Johnson of Wisconsin.
Capitol Hill’s policy debacle over the fate of Obamacare or ACA seems never ending. The newest face saver from the motley group suggests the combined funding for Medicaid and Obamacare’s subsidies into a block grant. They also propose to allow states more freedom in designing their own healthcare plans.
Amid this uncertainty, searching for investment options that are not perturbed by market gyrations is a tough call.
Zacks Counsel
We believe that investors can earn handsome profits by extrapolating the current bullish trends of the market into the future. Henceforth, seeking refuge on momentum investment strategy is a meaningful investment bet at this moment.
However, picking the right momentum stocks may baffle even seasoned investors, who are planning to enter the uncharted world of jam-packed trades.
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