4 Best Momentum Stocks To Grab For 2017

PennyMac Mortgage Investment Trust (PMT - Free Report) is an U.S.-based specialty finance company.  Price as a % of 52-week high/low: 90.3%. Over the last 3 months the company’s shares recorded a return of 3.34%, as against the negative return of 0.32% provided by the Zacks categorized Real Estate Operations industry.

Inference

It seems to be the correct time to go by Wall Street’s relatively new buzz word, “Buy High and Sell Higher” and lookout for stocks that can scale new heights. Given that a substantial section of investors today favor betting on winning stocks, with the belief that they can still soar higher, it is the right time to hitch the momentum ride.

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