Fast-paced Momentum Stock Digital Turbine (APPS) 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: Digital Turbine (APPS) Analysis - Digital Turbine (APPS) has shown a four-week price change of 11.4%, indicating growing investor interest [2] - Over the past 12 weeks, APPS stock gained 22.7%, demonstrating its ability to deliver positive returns over a longer timeframe [3] - APPS has a beta of 2.61, suggesting it moves 161% higher than the market in either direction, indicating fast-paced momentum [3] Group 3: Earnings Estimates and Valuation - APPS has a Momentum Score of A and a Zacks Rank 1 (Strong Buy), supported by upward revisions in earnings estimates [4] - The stock is trading at a Price-to-Sales ratio of 0.60, meaning investors pay 60 cents for each dollar of sales, indicating a reasonable valuation [4] - The combination of strong momentum and attractive valuation suggests APPS has significant growth potential [5]