Fast-paced Momentum Stock TerrAscend Corp. (TSNDF) Is Still Trading at a Bargain

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 for fast-moving stocks, which can lead to limited upside or potential losses [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: TerrAscend Corp. (TSNDF) Analysis - TerrAscend Corp. (TSNDF) has shown significant recent price momentum with a four-week price change of 117.1%, indicating strong investor interest [4] - Over the past 12 weeks, TSNDF has gained 83.1%, demonstrating its ability to deliver positive returns over a longer timeframe [5] - TSNDF has a Momentum Score of B, suggesting it is an opportune time to invest in the stock for potential success [6] - The stock has also received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - TSNDF is trading at a Price-to-Sales ratio of 0.82, indicating it is relatively undervalued, as investors pay only 82 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides TSNDF, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks based on their personal investing styles [9]