Group 1 - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] Group 2 - Katapult Holdings, Inc. (KPLT) has shown significant price momentum, with a four-week price change of 48.8% [3] - KPLT has gained 61.7% over the past 12 weeks, indicating strong long-term momentum [4] - The stock has a beta of 1.75, suggesting it moves 75% more than the market in either direction [4] Group 3 - KPLT has a Momentum Score of B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 2 (Buy), supported by upward revisions in earnings estimates [6] - KPLT is trading at a Price-to-Sales ratio of 0.21, suggesting it is undervalued at 21 cents for each dollar of sales [6] Group 4 - KPLT 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 [7] - There are over 45 Zacks Premium Screens available to help identify winning stock picks based on various investing styles [8]
Fast-paced Momentum Stock Katapult Holdings (KPLT) Is Still Trading at a Bargain