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WW International (WW) Is Attractively Priced Despite Fast-paced Momentum
WWWW International Inc.(WW) ZACKS·2024-12-27 14:51

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Company Performance - WW has demonstrated significant price momentum, with a stock gain of 82.9% over the past 12 weeks [2] - The stock is currently trading at a Price-to-Sales ratio of 0.13, indicating it is relatively cheap at 13 cents for each dollar of sales [3] - WW has a Momentum Score of B, suggesting it is an opportune time to invest in the stock for potential success [5] - The stock has a beta of 1.73, indicating it moves 73% more than the market in either direction, reflecting its fast-paced momentum [9][10] Investment Strategy - The Zacks Momentum Style Score and the 'Fast-Paced Momentum at a Bargain' screen are useful tools for identifying attractive momentum stocks [4] - WW has received a Zacks Rank 1 (Strong Buy) due to upward trends in earnings estimate revisions, which typically attract more investors [12] - The recent four-week price change of 9.1% indicates growing investor interest in WW [15]