Momentum Investing Strategy - Momentum investors focus on "buying high and selling higher" rather than timing the market or betting on cheap stocks [1] - Fast-moving trending stocks can be risky if their future growth potential fails to justify their valuation, leading to limited upside or downside [2] - Investing in bargain stocks with recent price momentum can be safer, and tools like the Zacks Momentum Style Score help identify such opportunities [3] Pitney Bowes (PBI) Analysis - PBI has shown strong recent price momentum with a 16.3% increase over four weeks, reflecting growing investor interest [4] - The stock has gained 17.8% over the past 12 weeks, demonstrating sustained momentum, and has a beta of 2, indicating it moves 100% more than the market [5] - PBI has a Momentum Score of A, suggesting it is a favorable time to enter the stock to capitalize on its momentum [6] Valuation and Earnings Trends - PBI has an upward trend in earnings estimate revisions, earning it a Zacks Rank 1 (Strong Buy), which is associated with strong momentum effects [7] - The stock is trading at a reasonable valuation with a Price-to-Sales ratio of 0.51, meaning investors pay only 51 cents for each dollar of sales [7] Additional Opportunities and Tools - Several other stocks pass the 'Fast-Paced Momentum at a Bargain' screen, offering potential investment opportunities [8] - Over 45 Zacks Premium Screens are available to help investors find winning stock picks based on their personal investing style [9] - The Zacks Research Wizard allows investors to backtest strategies and access successful stock-picking strategies [10]
Here Is Why Bargain Hunters Would Love Fast-paced Mover Pitney Bowes (PBI)