GrafTech (EAF) Shows Fast-paced Momentum But 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, as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: GrafTech International (EAF) Analysis - GrafTech International (EAF) has shown significant recent price momentum, with a four-week price change of 28.1%, indicating growing investor interest [4] - EAF has gained 107.3% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - The stock has a beta of 1.51, suggesting it moves 51% more than the market in either direction, indicating fast-paced momentum [5] - EAF holds a Momentum Score of A, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investor interest [7] - EAF is trading at a Price-to-Sales ratio of 0.73, indicating it is reasonably valued at 73 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides EAF, 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 tailored to help investors find winning stock picks [9]