Will these stocks be the next big thing?

Founder and Chief Investment Officer of Montgomery Investment Management
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During older bull markets, such as the one we have recently experienced, there are inevitably investors who are frustrated that they haven’t participated fully. Like a cheer squad, they urge their brokers to find the next big thing. This enthusiasm is eventually transmitted into share prices and if momentum can be generated, it can feed on itself. Towards the very final stages of a bull market some very strange behaviours can be observed.

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