Investment strategy that ________ stocks that have had past ________ returns and ________ stocks that have had past ________ returns is called a momentum strategy.

Question

Quizplus · Accepted Answer

A momentum strategy buys stocks that have had high past returns and sells stocks that have had low past returns, with the assumption that the trend will continue in the future. Therefore, the correct choice is C, which buys high and sells low.

Investment Strategy That ________ Stocks That Have Had Past ________

Investment Strategy That Stocks That Have Had Past