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 Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks with recent price momentum may be a safer approach [3] Group 2: Conduent (CNDT) Stock Analysis - Conduent (CNDT) has shown a four-week price change of 20.6%, indicating strong investor interest [4] - CNDT gained 5.5% over the past 12 weeks and has a beta of 1.54, suggesting it moves 54% more than the market [5] - CNDT has a Momentum Score of B, indicating a favorable time to invest [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - CNDT is trading at a Price-to-Sales ratio of 0.14, suggesting it is undervalued at 14 cents for each dollar of sales [7] Group 3: Investment Opportunities - CNDT appears to have significant growth potential and is part of a broader list of 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 personal investing styles [9]
Why Fast-paced Mover Conduent (CNDT) Is a Great Choice for Value Investors