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] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Greenbrier Companies (GBX) Analysis - Greenbrier Companies (GBX) has shown a four-week price change of 0.5%, indicating growing investor interest [4] - Over the past 12 weeks, GBX's stock has gained 26.4%, with a beta of 1.54, suggesting it moves 54% more than the market [5] - GBX has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings and Valuation - GBX has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - The stock is currently trading at a Price-to-Sales ratio of 0.57, suggesting it is undervalued as investors pay only 57 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides GBX, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on various investing styles [9]
Fast-paced Momentum Stock Greenbrier (GBX) Is Still Trading at a Bargain