
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Freightcar America (RAIL) Analysis - Freightcar America (RAIL) has shown significant price movement, with a 99.7% increase over the past four weeks, indicating strong investor interest [4] - RAIL has gained 94.6% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe, with a beta of 1.97 indicating high volatility [5] - RAIL has a Momentum Score of B, suggesting it is an opportune time to invest in the stock for potential success [6] Group 3: Earnings Estimates and Valuation - RAIL's upward trend in earnings estimate revisions has contributed to its Zacks Rank 2 (Buy), as increased analyst interest typically drives stock prices higher [7] - Despite its strong momentum, RAIL is trading at a low Price-to-Sales ratio of 0.26, indicating it is attractively priced relative to its sales [7] Group 4: Additional Investment Opportunities - Besides RAIL, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]