Workflow
Fast-paced Momentum Stock Primoris Services (PRIM) Is Still Trading at a Bargain
PrimorisPrimoris(US:PRIM) ZACKSยท2025-07-02 13:51

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, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Primoris Services (PRIM) Analysis - Primoris Services (PRIM) has shown a four-week price change of 8.3%, indicating growing investor interest [4] - Over the past 12 weeks, PRIM's stock has gained 48.1%, with a beta of 1.37, suggesting it moves 37% more than the market [5] - PRIM has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - PRIM is trading at a Price-to-Sales ratio of 0.65, suggesting it is undervalued at 65 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides PRIM, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on various investing styles [9]