Despite Fast-paced Momentum, Telesat (TSAT) Is Still a Bargain Stock

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 lead to limited upside or potential losses [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify suitable candidates [3] Group 2: Telesat (TSAT) Analysis - Telesat (TSAT) has shown significant recent price momentum with a four-week price change of 54.1%, indicating growing investor interest [4] - Over the past 12 weeks, TSAT's stock has gained 41.9%, demonstrating its ability to deliver positive returns over a longer timeframe [5] - TSAT has a beta of 2.1, suggesting it moves 110% higher than the market in either direction, indicating fast-paced momentum [5] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest [6] - TSAT has received a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which typically attract more investor interest [7] - The stock is trading at a Price-to-Sales ratio of 0.86, indicating it is reasonably valued at 86 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides TSAT, 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]