Plains All American (PAA) Is Attractively Priced Despite Fast-paced Momentum

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] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Plains All American Pipeline (PAA) Analysis - PAA has shown significant price momentum with a four-week price change of 19.9%, indicating growing investor interest [4] - Over the past 12 weeks, PAA's stock gained 20.7%, with a beta of 1.64, suggesting it moves 64% more than the market [5] - PAA has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - PAA is trading at a low Price-to-Sales ratio of 0.28, meaning investors pay only 28 cents for each dollar of sales, suggesting it is undervalued [7] Group 3: Additional Investment Opportunities - Besides PAA, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]