MasTec (MTZ) Is Attractively Priced Despite Fast-paced Momentum

Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy [3] Company Analysis: MasTec (MTZ) - MasTec (MTZ) has shown a four-week price change of 3.1%, indicating growing investor interest [4] - Over the past 12 weeks, MTZ's stock has gained 12.4%, with a beta of 1.74, suggesting it moves 74% more than the market [5] - MTZ has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - MTZ is trading at a Price-to-Sales ratio of 0.94, suggesting it is undervalued at 94 cents for each dollar of sales [7] Investment Opportunities - MTZ appears to have significant potential for growth at a fast pace, alongside other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their investing style [9]