Group 1 - The article emphasizes the potential of investing in bargain stocks with recent price momentum, particularly highlighting the Zacks Momentum Style Score as a tool for identifying such stocks [1][10] - Baytex Energy (BTE) is identified as a strong candidate for momentum investing, having gained 3.1% over the past 12 weeks and possessing a favorable Momentum Score of B [2][7] - BTE's upward trend in earnings estimate revisions has contributed to its Zacks Rank 1 (Strong Buy), indicating strong investor interest and potential for price appreciation [3][11] Group 2 - The stock of BTE is noted for its fast-paced momentum, with a beta of 1.95, suggesting it moves significantly more than the market [11] - BTE is currently trading at a reasonable valuation, with a Price-to-Sales ratio of 0.92, indicating that investors are paying 92 cents for each dollar of sales [12] - The article suggests that there are other stocks that also meet the criteria of 'Fast-Paced Momentum at a Bargain', encouraging investors to explore these options [13]
Fast-paced Momentum Stock Baytex (BTE) Is Still Trading at a Bargain