Potbelly (PBPB) Shows Fast-paced Momentum But Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1][2] Group 1: Momentum Investing Strategy - Momentum investors typically do not time the market, instead they capitalize on stocks that are already trending upwards [1] - The challenge lies in determining the right entry point, as stocks can lose momentum if their valuations exceed future growth potential [2] Group 2: Identifying Bargain Momentum Stocks - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [3] Group 3: Potbelly (PBPB) Stock Analysis - Potbelly (PBPB) has shown a four-week price change of 29.8%, indicating strong investor interest [4] - Over the past 12 weeks, PBPB gained 24.5%, and it has a beta of 1.34, suggesting it moves 34% more than the market [5] - PBPB has a Momentum Score of B, indicating a favorable time to invest [6] Group 4: Earnings Estimates and Valuation - PBPB has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.79, meaning investors pay 79 cents for each dollar of sales, indicating it is reasonably valued [7] Group 5: Additional Investment Opportunities - Besides PBPB, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [9]