Mean Reverting Momentum, or, a Dead Cat Bounce?

There have been debates between those who argue for momentum and mean-reversion. I say, “Why Choose? You can benefit from both.” Stock performance tends to persist after 12 months of outperformance, and tends to mean-revert after 48 months of underperformance. Tonight’s screen reveals 33 stocks that were in the bottom quartile over the last 4 [...]