Here Is Why Bargain Hunters Would Love Fast-paced Mover Pagaya Technologies Ltd. (PGY)

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 for fast-moving stocks, which can lead to limited upside or downside risks [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Pagaya Technologies Ltd. (PGY) Analysis - Pagaya Technologies Ltd. (PGY) has shown a significant price increase of 39% over the past four weeks, indicating strong investor interest [4] - The stock has gained 5% over the past 12 weeks and has a high beta of 5.88, suggesting it moves 488% more than the market [5] - PGY has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - PGY is currently trading at a Price-to-Sales ratio of 0.99, suggesting it is undervalued at 99 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides PGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]