Expert Portfolios 

Momentum triumphs again

Chris Dillow

Chris Dillow
Momentum triumphs again

Momentum investors have had a fantastic time recently. My no-thought defensive portfolio (which comprises the 20 stocks that rose most in the 12 months to June) gained 20.2 per cent in the third quarter. That’s thanks to stocks such as AO World (AO.), Frontier Developments (FDEV), Ocado (OCDO) and Indivior (INDV) all making big gains.

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