Despite Fast-paced Momentum, Agenus (AGEN) Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" strategy, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify these opportunities [3] Group 2: Case Study - Agenus (AGEN) - Agenus (AGEN) has shown significant recent price momentum with a four-week price change of 67.3%, indicating strong investor interest [4] - The stock has gained 4.8% over the past 12 weeks and has a beta of 1.48, suggesting it moves 48% more than the market [5] - AGEN has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - AGEN has seen upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which typically attracts more investor interest [7] - The stock is currently trading at a Price-to-Sales ratio of 0.96, suggesting it is undervalued as investors pay only 96 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides AGEN, 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 various investing styles [9]