Despite Fast-paced Momentum, Plains All American (PAA) 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] - Identifying the right entry point for momentum stocks is challenging, and investors may end up with expensive shares that have limited upside [1] Group 2: Bargain Momentum Stocks - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - 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 [2] Group 3: Plains All American Pipeline (PAA) - Plains All American Pipeline (PAA) is highlighted as a strong candidate for momentum investing due to a recent price increase of 0.1% over the past four weeks [3] - PAA has gained 10.3% over the past 12 weeks, indicating strong momentum, with a beta of 1.65, suggesting it moves 65% more than the market [4] - PAA has a Momentum Score of A, indicating a favorable time to invest [5] Group 4: Earnings Estimates and Valuation - PAA has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investor interest [6] - The stock is trading at a low Price-to-Sales ratio of 0.27, meaning investors pay only 27 cents for each dollar of sales, indicating a reasonable valuation [6] Group 5: Additional Investment Opportunities - Besides PAA, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [8]