Fast-paced Momentum Stock Century Communities (CCS) 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 Strategy - Momentum investing can be risky as stocks may lose momentum if future growth does not justify high valuations [1] - Identifying the right entry point for fast-moving stocks is challenging, and traditional momentum parameters may not always be reliable [1] Group 2: Bargain Stocks with Momentum - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [2] Group 3: Century Communities (CCS) Analysis - Century Communities (CCS) has shown a four-week price change of 6.2%, indicating growing investor interest [3] - Over the past 12 weeks, CCS stock gained 15.6%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - CCS has a beta of 1.86, suggesting it moves 86% more than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - CCS has a Momentum Score of A, suggesting it is an opportune time to invest [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - CCS is trading at a Price-to-Sales ratio of 0.73, indicating it is relatively cheap at 73 cents for each dollar of sales [6] Group 5: Additional Investment Opportunities - Besides CCS, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify potential winning stocks [8]