Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: International Consolidated Airlines Group SA (ICAGY) - ICAGY has shown a four-week price change of 13.7%, indicating strong investor interest [4] - Over the past 12 weeks, ICAGY's stock has gained 41%, with a beta of 2.17, suggesting it moves 117% higher than the market in either direction [5] - ICAGY has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to ICAGY earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - ICAGY is currently trading at a Price-to-Sales ratio of 0.62, suggesting it is undervalued at 62 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides ICAGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on individual investing styles [9]
Why Fast-paced Mover International Consolidated Airlines Group (ICAGY) Is a Great Choice for Value Investors