Timing the market is a fool’s game. Rather look at business fundamentals. If you have confidence in the business model than you should invest.
Here is a checklist that identifies high-flying momentum stocks:
1. Double-digit sales growth.
2. Earnings growth of 20% or better for at least three years.
3. Earnings growth of 25% or better in the most recent quarter.
4. Return on equity of 15% or better.
5. Excellent Level of innovation.
6. High-quality management.
Sven Franssen