Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be challenging to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Turtle Beach (TBCH) Analysis - Turtle Beach (TBCH) has shown a price increase of 2.7% over the past four weeks, indicating growing investor interest [4] - TBCH has gained 25.5% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - The stock has a beta of 1.96, suggesting it moves 96% more than the market in either direction, indicating fast-paced momentum [5] - TBCH has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - TBCH is trading at a Price-to-Sales ratio of 0.76, indicating it is reasonably valued at 76 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides TBCH, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Despite Fast-paced Momentum, Turtle Beach (TBCH) Is Still a Bargain Stock
ZACKSยท2025-08-05 13:50