Fast-paced Momentum Stock Dana (DAN) Is Still Trading at a Bargain

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with 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: Stock Analysis - Dana (DAN) - Dana (DAN) has shown a four-week price change of 3%, indicating growing investor interest [4] - Over the past 12 weeks, DAN's stock price has increased by 38.9%, with a beta of 2.11, suggesting it moves 111% higher than the market [5] - DAN has a Momentum Score of A, indicating a favorable time to invest [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to DAN's Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - DAN is trading at a Price-to-Sales ratio of 0.25, indicating it is reasonably valued at 25 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides DAN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [8] - Investors can explore over 45 Zacks Premium Screens tailored to identify winning stock picks [9]