Despite Fast-paced Momentum, Ranpak Holdings (PACK) Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on buying stocks that are trending upwards rather than undervalued stocks, with the belief that one can achieve higher returns in a shorter time frame [1] Group 1: Momentum Investing Strategy - Momentum investing is characterized by the approach of "buying high and selling higher," contrasting with the traditional "buy low and sell high" strategy [1] - Identifying the right entry point for momentum stocks can be challenging, as these stocks may lose momentum if their valuations exceed future growth potential [1] Group 2: Investment Opportunities - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [2] - Ranpak Holdings Corp (PACK) is highlighted as a strong candidate for momentum investing, with a four-week price change of 4.5% indicating growing investor interest [3] - Over the past 12 weeks, PACK's stock has gained 8.7%, demonstrating its ability to deliver positive returns over a longer time frame [4] - PACK has a high beta of 2.7, suggesting it moves 170% higher than the market in either direction, indicating fast-paced momentum [4] Group 3: Performance Metrics - PACK has a Momentum Score of A, suggesting it is an opportune time to invest in the stock for potential success [5] - The stock has received a Zacks Rank 2 (Buy) due to an upward trend in earnings estimate revisions, which typically attracts more investor interest [6] - PACK is currently trading at a Price-to-Sales ratio of 0.88, indicating it is relatively cheap at 88 cents for each dollar of sales [6] Group 4: Additional Investment Options - Besides PACK, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [7] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8]