2 Soaring Stocks I'd Buy Now With No Hesitation
Generally, a buyer's appetite for something would decline as the price rises. But that's one of the many ways the stock market defies normal conventions.
Often, demand for a stock increases after a rally -- and falls following a period of underperformance. In other words, a stock gets less popular as it becomes cheaper, and more popular as its price increases.
That oddness is partly because investors have a habit of chasing performance, which isn't a great strategy if you're looking to boost your long-term returns. Still, some stocks are rallying for excellent reasons, and their prices don't fully reflect all the positive operating momentum in the business.
Source Fool.com