Despite Fast-paced Momentum, Calumet, Inc. (CLMT) Is Still a Bargain Stock

Core Viewpoint - 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] Group 1: Momentum Investing Strategy - Momentum investing involves betting on stocks that are trending upwards, but determining the right entry point can be challenging [1] - Stocks can lose momentum if their future growth does not justify their inflated valuations, leading to potential losses for investors [1] Group 2: Investment Approach - A safer investment strategy is to target bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score [2] - The 'Fast-Paced Momentum at a Bargain' screen helps identify fast-moving stocks that remain attractively priced [2] Group 3: Calumet, Inc. (CLMT) Analysis - Calumet, Inc. (CLMT) has shown a four-week price change of 1.7%, indicating growing investor interest [3] - Over the past 12 weeks, CLMT's stock has gained 8.4%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - CLMT has a beta of 1.9, suggesting it moves 90% more than the market in either direction, indicating fast-paced momentum [4] Group 4: Performance Metrics - CLMT has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [6] - CLMT is trading at a Price-to-Sales ratio of 0.44, indicating it is undervalued, as investors pay only 44 cents for each dollar of sales [6] Group 5: Additional Opportunities - Besides CLMT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [8]