Here Is Why Bargain Hunters Would Love Fast-paced Mover MasTec (MTZ)

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: MasTec (MTZ) Stock Analysis - MasTec (MTZ) has shown a price increase of 6.3% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, MTZ has gained 25.3%, with a beta of 1.7, suggesting it moves 70% more than the market [5] - MTZ has a Momentum Score of A, 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 MTZ earning a Zacks Rank 1 (Strong Buy), as analysts raising estimates attract more investor interest [7] - MTZ is trading at a Price-to-Sales ratio of 0.89, suggesting it is undervalued at 89 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides MTZ, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]