Fast-paced Momentum Stock iPower (IPW) Is Still Trading at a Bargain

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 investments with limited upside or potential downside [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [3] Group 2: iPower Inc. (IPW) Analysis - iPower Inc. (IPW) has shown a price increase of 8.7% over the past four weeks, indicating growing investor interest [4] - The stock has gained 3.3% over the past 12 weeks and has a high beta of 4.03, suggesting it moves 303% more than the market [5] - IPW has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to IPW earning a Zacks Rank 1 (Strong Buy), which is associated with strong momentum effects [7] - IPW is trading at a Price-to-Sales ratio of 0.69, suggesting it is undervalued as investors pay only 69 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides IPW, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on various investing styles [9]