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 Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks with recent price momentum may be a safer approach [3] Group 2: International Consolidated Airlines Group SA (ICAGY) Analysis - ICAGY has shown a price increase of 20.4% over the past four weeks, indicating growing investor interest [4] - The stock gained 30.7% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - ICAGY has a beta of 2.19, suggesting it moves 119% higher than the market in either direction [5] - The stock has a Momentum Score of A, indicating a favorable time to invest [6] - ICAGY has a Zacks Rank 1 (Strong Buy) due to upward trends in earnings estimate revisions, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.19, indicating it is relatively cheap at 19 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides ICAGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles [9]
International Consolidated Airlines Group (ICAGY) Is Attractively Priced Despite Fast-paced Momentum