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 Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential downsides for investors [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Company Spotlight - Camping World (CWH) - Camping World (CWH) has shown a price increase of 8.5% over the past four weeks, indicating growing investor interest [4] - CWH has gained 6.3% over the past 12 weeks, with a beta of 2.49, suggesting it moves 149% higher than the market in either direction [5] - CWH holds a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - CWH has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest and support price increases [7] - The stock is trading at a Price-to-Sales ratio of 0.34, suggesting it is undervalued as investors pay only 34 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides CWH, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Fast-paced Momentum Stock Camping World (CWH) Is Still Trading at a Bargain