Fast-paced Momentum Stock Kyndryl Holdings, Inc. (KD) Is Still Trading at a Bargain

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Kyndryl Holdings, Inc. (KD) Analysis - Kyndryl Holdings, Inc. (KD) has shown a four-week price change of 6.4%, indicating growing investor interest [4] - Over the past 12 weeks, KD's stock has gained 34.6%, with a beta of 1.67, suggesting it moves 67% more than the market [5] - KD has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - KD has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is currently trading at a Price-to-Sales ratio of 0.39, suggesting it is undervalued as investors pay only 39 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides KD, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]