Ceragon (CRNT) Is Attractively Priced Despite Fast-paced Momentum

Group 1: Momentum Investing Overview - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach [1] - Fast-moving trending stocks can be difficult to enter at the right time, and traditional momentum parameters may not always be reliable [2] Group 2: Investment Strategy - A safer investment strategy involves targeting bargain stocks that exhibit recent price momentum [3] - Ceragon Networks (CRNT) is highlighted as a strong candidate due to its recent price momentum, with a four-week price change of 10.8% [4] - CRNT has shown a 16% price increase over the past 12 weeks, indicating sustained momentum [5] Group 3: Performance Metrics - CRNT has a Momentum Score of A, suggesting a favorable entry point for investors [6] - The stock has a Zacks Rank 2 (Buy) due to positive earnings estimate revisions, which typically attract more investor interest [7] - CRNT is trading at a Price-to-Sales ratio of 0.69, indicating it is undervalued at 69 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides CRNT, 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]