Here Is Why Bargain Hunters Would Love Fast-paced Mover Urban Outfitters (URBN)

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lead to investments with limited upside or potential downside [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [3] Group 2: Urban Outfitters (URBN) Analysis - Urban Outfitters has shown a price increase of 4.2% over the past four weeks, indicating growing investor interest [4] - The stock has gained 62.9% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - URBN has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - URBN is trading at a Price-to-Sales ratio of 0.99, indicating it is reasonably valued at present [7] Group 3: Investment Opportunities - URBN is highlighted as a strong candidate for investment, with potential for further price appreciation [8] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting a broader range of investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, providing various strategies to identify winning stocks [9]