Enerflex (EFXT) Is Attractively Priced Despite Fast-paced Momentum

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: Enerflex (EFXT) Stock Analysis - Enerflex (EFXT) has shown a price increase of 13.9% over the past four weeks, indicating growing investor interest [3] - EFXT has gained 27.7% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 2, suggesting it moves 100% higher than the market in either direction, indicating fast-paced momentum [4] Group 3: Valuation and Earnings Estimates - EFXT has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investors [6] - EFXT is trading at a Price-to-Sales ratio of 0.48, indicating it is relatively cheap at 48 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides EFXT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [8]