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 lose momentum if future growth does not justify high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Accel Entertainment (ACEL) Analysis - Accel Entertainment (ACEL) has shown a price increase of 0.6% over the past four weeks, indicating growing investor interest [4] - The stock has gained 10.1% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - ACEL has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - ACEL is trading at a Price-to-Sales ratio of 0.76, indicating it is reasonably valued at 76 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides ACEL, 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]
Fast-paced Momentum Stock Accel Entertainment (ACEL) Is Still Trading at a Bargain