Citigroup (C) Shows Fast-paced Momentum But Is Still a Bargain Stock

Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Investing in fast-moving stocks can be risky if valuations exceed future growth potential, leading to potential losses [2] Group 1: Momentum Investing Strategy - The Zacks Momentum Style Score is effective in identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced stocks [3] - Citigroup (C) has shown a price increase of 14.7% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, Citigroup's stock gained 24.7%, with a beta of 1.43, suggesting it moves 43% more than the market [5] Group 2: Citigroup's Performance Metrics - Citigroup has a Momentum Score of A, indicating a favorable entry point for investors [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - Citigroup is trading at a Price-to-Sales ratio of 0.89, suggesting it is undervalued at 89 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides Citigroup, there are other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [9]