Fast-paced Momentum Stock Tutor Perini (TPC) Is Still Trading at a Bargain

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 - Momentum investing can be risky as stocks may lose momentum if their valuations exceed future growth potential, leading to potential losses for investors [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: Tutor Perini (TPC) Analysis - Tutor Perini (TPC) has shown significant recent price momentum with a four-week price change of 63.4%, indicating growing investor interest [4] - TPC has gained 51.7% over the past 12 weeks, with a beta of 1.74, suggesting it moves 74% more than the market in either direction [5] - TPC holds a Momentum Score of B, indicating a favorable time to invest based on its momentum characteristics [6] Group 3: Earnings Estimates and Valuation - TPC has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investor interest and drive prices higher [7] - The stock is currently trading at a Price-to-Sales ratio of 0.45, suggesting it is undervalued as investors pay only 45 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides TPC, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks based on their investing style [9]