Fast-paced Momentum Stock Ceragon (CRNT) Is Still Trading at a Bargain

Core Insights - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for momentum stocks is challenging, as they may lose momentum if their valuations exceed future growth potential [1] Investment Strategy - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [2] - The 'Fast-Paced Momentum at a Bargain' screen helps in spotting fast-moving stocks that remain attractively priced [2] Stock Analysis: Ceragon Networks (CRNT) - Ceragon Networks (CRNT) has shown a four-week price change of 18.7%, indicating growing investor interest [3] - Over the past 12 weeks, CRNT's stock has gained 60.8%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - CRNT has a beta of 1.61, suggesting it moves 61% higher than the market in either direction, indicating fast-paced momentum [4] - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [5] - CRNT has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investors [6] - The stock is trading at a Price-to-Sales ratio of 0.99, indicating it is reasonably valued at 99 cents for each dollar of sales [6] Additional Opportunities - Besides CRNT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8]