: Almost all stocks, even "blue chips," move in price cycles. Buying at the wrong phase of a cycle can lead to severe losses regardless of company quality.
Love is a stickler for volume. He argues that price movement without volume is suspect. A true breakout into a "Super Performance" phase must be accompanied by a significant spike in volume, proving that institutional investors are piling in. super performance stocks richard love pdf
: Analysis on how these principles apply to recent winners (like Baidu) can be found on Seeking Alpha . : Almost all stocks, even "blue chips," move in price cycles
In his 1977 book, Superperformance Stocks: An Investment Strategy for the Individual Investor Based on the 4-Year Political Cycle, Richard S. Love defines a "superperformance stock" as one that at least triples in price within a two-year period. Amazon.com He argues that price movement without volume is suspect