International Consolidated Airlines Group (ICAGY) Shows Fast-paced Momentum But Is Still a Bargain Stock

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] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Case Study - International Consolidated Airlines Group SA (ICAGY) - ICAGY has shown a price increase of 13.6% over the past four weeks, indicating growing investor interest [4] - The stock has gained 36% over the past 12 weeks, with a beta of 2.19, suggesting it moves 119% higher than the market [5] - ICAGY has a Momentum Score of A, indicating a favorable entry point for investors [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to ICAGY earning a Zacks Rank 1 (Strong Buy), as analysts raising estimates attract more investor interest [7] - ICAGY is trading at a Price-to-Sales ratio of 0.17, meaning investors pay only 17 cents for each dollar of sales, indicating a reasonable valuation [7] Group 4: Additional Opportunities - Besides ICAGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify potential winning stock picks based on different investing styles [9]