Despite Fast-paced Momentum, Priority Technology (PRTH) 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" approach, aiming for quicker profits [1] Group 1: Momentum Investing Strategy - Investors are attracted to fast-moving stocks, but determining the right entry point can be challenging, as stocks may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Case Study - Priority Technology (PRTH) - PRTH has shown a four-week price change of 5.7%, indicating growing investor interest and recent price momentum [4] - Over the past 12 weeks, PRTH gained 0.8%, with a beta of 1.51, suggesting it moves 51% more than the market in either direction [5] - PRTH has a Momentum Score of B, indicating a favorable time to invest, and it has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates [6][7] - The stock is trading at a Price-to-Sales ratio of 0.71, meaning investors pay 71 cents for each dollar of sales, indicating a reasonable valuation [7] Group 3: Additional Opportunities - Besides PRTH, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]