Priority Technology (PRTH) Is Attractively Priced Despite Fast-paced Momentum

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 Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - Identifying the right entry point for fast-moving stocks is challenging, and investors may end up with expensive shares that have limited upside [1] Group 2: Bargain Stocks with Momentum - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [2] Group 3: Priority Technology (PRTH) Analysis - Priority Technology (PRTH) has shown a price increase of 3.5% over the past four weeks, indicating growing investor interest [3] - PRTH gained 23.8% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.2, suggesting it moves 20% higher than the market in either direction [4] Group 4: Valuation and Earnings Estimates - PRTH has a Momentum Score of A, indicating a favorable time to invest [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - PRTH is trading at a Price-to-Sales ratio of 0.78, meaning investors pay 78 cents for each dollar of sales, indicating a reasonable valuation [6] Group 5: Additional Investment Opportunities - PRTH has potential for further growth at a fast pace, and there are other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [7]