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Momentum has become a popular term amongst Wall Street traders and investors. Many say the the new principle is become "buy high,sell higher", of course this is yet to be determined. Here is a list of seven momentum stocks that will continue to be loved by Wall Street.

Amazon.com, Inc. (AMZN) operates as an online retailer in North America and internationally. It operates retail web sites, including amazon.com and amazon.ca. The company serves consumers through its retail web sites and focuses on selection, price, and convenience.

Amazon has experienced explosive growth as it has began taking market share from big box retailers. Not to mention there is so sales tax meaning higher margins, although that may change soon. The stock currently has a forward P/E of 74.

Baidu, Inc. (BIDU) provides Chinese and Japanese language internet search services. Its search services enable users to find relevant information online, including web pages, news, images, multimedia files, and blogs through the links provided on its Websites.

As Google (GOOG) left China due to censorship issues, Baidu seems like it will benefit the most. The company has no direct competitor and will be the largest search engine in a country with a growing internet user base. The stock currently has a forward P/E of 33.

Wynn Resorts, Limited, (WYNN) together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts.

Wynn has seen explosive growth, but not from its US segment. The growth has been coming from Macau. Macau is on its way to becoming the gaming capital of the world and Wynn has been benefiting. The stock has a forward P/E of 24.

Green Mountain Coffee Roasters, Inc. (GMCR) engages in the specialty coffee and coffee maker business.

Green Mountain has a great business model. People buy its Keurig machines and must keep purchasing the refill cartridges. Green Mountain is cheaper than coffee from Starbucks (SBUX) and Dunkin Donuts (DNKN) meaning it is grabbing market share. The stock has a forward P/E of 41.

Las Vegas Sands Corp., (LVS) together with its subsidiaries, owns, develops, and operates various integrated resort properties primarily in the United States, Macau, and Singapore.

Just like Wynn, Las Vegas Sands is benefiting from Macau. The company already has plans to open a resort with Hilton Hotels (HLT) in the Cotai area. The stock has a forward P/E of 19.5.

Apple Inc., (AAPL) together with its subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide.

Of course it really wouldn't be a good list unless I brought up Apple, Wall Street's darling. The company is growing nicely with its iPhones and iPads. Not to mention the rock solid balance sheet of $76 billion and no debt. The stock has a forward P/E of 12.

Visa Inc. (V) operates retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

If you use credit or debit cards, than chances are you have Visa in your wallet. The company recently experienced some difficulties because of government regulation, but the company has bounced back. Emerging markets have started to use credit cards and Visa has been a favorite amongst them. Visa will also benefit as the economy recovers and credit card holders start paying off their loans. The stock has a forward P/E of 16.

Source: 7 Momentum Stocks Experiencing High Growth