Why Fast-paced Mover Sonim (SONM) Is a Great Choice for Value Investors

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1][2] Group 1: Momentum Investing Strategy - Momentum investors typically avoid timing the market and instead capitalize on stocks that are already trending upwards [1] - Fast-moving stocks can lose momentum if their future growth does not justify their high valuations, making it risky to rely solely on traditional momentum parameters [2] Group 2: Investment Opportunities - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] - Sonim (SONM) is highlighted as a strong candidate due to a recent four-week price change of 14.2% and a 12-week gain of 41.2% [4][5] - SONM has a high beta of 2.47, indicating it moves 147% more than the market, suggesting strong momentum [5] Group 3: Valuation and Earnings Estimates - SONM has a Momentum Score of B, indicating a favorable time to invest [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [7] - SONM is trading at a Price-to-Sales ratio of 0.32, suggesting it is undervalued at 32 cents for each dollar of sales [7] Group 4: Additional Investment Options - Besides SONM, there are other stocks that meet the criteria of fast-paced momentum at a bargain [8] - Investors can explore over 45 Zacks Premium Screens tailored to identify winning stock picks based on different investing styles [9]