What is vgm in stocks?
1 answer(s)
VGM is a score for stocks. It helps you check a company quickly. The letters stand for Value, Growth, and Momentum.
V is for Value. This looks if a stock price is cheap for what it is. G is for Growth. This means the company is growing its sales or money fast. M is for Momentum. This is if the stock price is already going up a lot.
Some websites give a VGM grade, like A or B. A high grade is good. It means the stock looks strong in all three parts. It is a good tool to find ideas.