Inseego (INSG) Is Attractively Priced Despite Fast-paced Momentum

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lead to limited upside or downside risks [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Inseego (INSG) Stock Analysis - Inseego (INSG) has shown significant recent price momentum with a four-week price change of 20.6% and a 12-week gain of 59.2% [4][5] - The stock has a beta of 1.6, indicating it moves 60% more than the market in either direction, suggesting strong momentum [5] - INSG has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investor interest [7] - INSG is trading at a Price-to-Sales ratio of 0.75, suggesting it is undervalued at 75 cents for each dollar of sales, providing room for growth [7] Group 3: Additional Investment Opportunities - Besides INSG, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, indicating potential investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify winning stock picks [9]