Why Fast-paced Mover Allbirds, Inc. (BIRD) Is a Great Choice for Value Investors

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. BIRD meets this criterion too, as the stock gained 4.7% over the past 12 weeks. Moreover, the momentum for BIRD is fast paced, as the stock currently has a beta of 1.75. This indicates that the stock moves 75% higher than the market in either direction. Given this price performance, it is no surprise that BIRD has a Momentum Score of B, which indicates that this i ...