Digital Turbine (APPS) Is Attractively Priced Despite Fast-paced Momentum

Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] 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 such opportunities [2] - The 'Fast-Paced Momentum at a Bargain' screen is effective in spotting fast-moving stocks that remain attractively priced [2] Group 3: Digital Turbine (APPS) Analysis - Digital Turbine (APPS) has shown a four-week price change of 1.4%, indicating growing investor interest [3] - Over the past 12 weeks, APPS stock has gained 18.1%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - APPS has a beta of 2.41, suggesting it moves 141% higher than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - APPS has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to an upward trend in earnings estimate revisions, which typically attracts more investor interest [6] - APPS is trading at a Price-to-Sales ratio of 0.65, indicating it is relatively cheap, as investors pay only 65 cents for each dollar of sales [6] Group 5: Additional Opportunities - Besides APPS, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [8]