ZIM Integrated Shipping Services .(ZIM) ZACKS·2024-11-22 14:50Group 1 - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] - Fast-moving trending stocks can be risky if their valuations exceed future growth potential, leading to potential losses for investors [2] - Investing in bargain stocks with recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2 - ZIM Integrated Shipping Services (ZIM) has shown significant price momentum, with a four-week price change of 6.9% and a 30.3% increase over the past 12 weeks [4][5] - ZIM's stock has a beta of 1.88, indicating it moves 88% more than the market, suggesting strong momentum [5] - ZIM has a Momentum Score of A, indicating a favorable time to invest, and it also holds a Zacks Rank 1 (Strong Buy) due to upward earnings estimate revisions [6][7] Group 3 - ZIM is trading at a low Price-to-Sales ratio of 0.39, meaning investors pay only 39 cents for each dollar of sales, indicating a reasonable valuation [7] - The stock has potential for further growth, supported by its fast-paced momentum characteristics [8] - Other stocks also meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, providing additional investment opportunities [8]