Despite Fast-paced Momentum, Performance Food (PFGC) Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: Performance Food Group (PFGC) Analysis - PFGC has shown a price increase of 4.5% over the past four weeks, indicating growing investor interest [3] - The stock gained 9.9% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - PFGC has a beta of 1.43, suggesting it moves 43% higher than the market in either direction, indicating fast-paced momentum [4] - PFGC has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - PFGC is trading at a Price-to-Sales ratio of 0.24, indicating it is relatively cheap at 24 cents for each dollar of sales [6] Group 3: Investment Opportunities - PFGC appears to have significant potential for growth at a fast pace, alongside other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [7] - There are over 45 Zacks Premium Screens available to help identify winning stock picks based on various investing styles [8]