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Here Is Why Bargain Hunters Would Love Fast-paced Mover FlexShopper (FPAY)
FPAYFlexShopper(FPAY) ZACKS·2024-12-05 14:51

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" to maximize returns in a shorter time frame [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: FlexShopper Inc. (FPAY) Analysis - FlexShopper Inc. (FPAY) has shown significant price momentum, with a four-week price change of 66.4%, indicating growing investor interest [4] - FPAY has gained 91.1% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer time frame [5] - The stock has a beta of 1.43, suggesting it moves 43% more than the market in either direction, indicating fast-paced momentum [5] - FPAY holds a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - FPAY is trading at a Price-to-Sales ratio of 0.31, indicating it is reasonably valued at 31 cents for each dollar of sales, providing room for growth [7] Group 3: Additional Investment Opportunities - Besides FPAY, 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 strategically created options to help investors find winning stock picks based on their investing style [9]