Looking for a Fast-paced Momentum Stock at a Bargain? Consider Titan Machinery (TITN)

Core Insights - Momentum investing focuses on "buying high and selling higher" rather than traditional "buying low and selling high" strategies [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score [3] Company Analysis: Titan Machinery (TITN) - Titan Machinery has seen a price increase of 21% over the past four weeks, indicating growing investor interest [4] - The stock has gained 33.4% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - TITN has a beta of 1.35, suggesting it moves 35% higher than the market in either direction, indicating fast-paced momentum [5] - The stock holds a Momentum Score of B, suggesting it is an opportune time to invest [6] - An upward trend in earnings estimate revisions has earned TITN a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - TITN is trading at a Price-to-Sales ratio of 0.18, indicating it is relatively undervalued, as investors pay only 18 cents for each dollar of sales [7] Investment Opportunities - TITN appears to have significant potential for growth at a fast pace, alongside other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their personal investing styles [9]