Looking for a Fast-paced Momentum Stock at a Bargain? Consider Oil States International (OIS)

Group 1: Momentum Investing Overview - Momentum investing deviates from the traditional strategy of "buying low and selling high," focusing instead on "buying high and selling higher" for quicker profits [1] - Fast-moving trending stocks can be challenging to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] - Oil States International (OIS) is highlighted as a strong candidate, showing a four-week price change of 7.6%, indicating growing investor interest [4] Group 3: Performance Metrics - OIS has demonstrated a 0.4% gain over the past 12 weeks, with a beta of 2.1, suggesting it moves 110% higher than the market in either direction [5] - The stock has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 4: Earnings and Valuation - OIS has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - The stock is trading at a Price-to-Sales ratio of 0.47, suggesting it is undervalued, as investors pay only 47 cents for each dollar of sales [7] Group 5: Additional Opportunities - Besides OIS, 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 tailored to various investing styles, aiding in stock selection [9]