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, as stocks may lose momentum when their valuations exceed future growth potential [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: Company Analysis - Hillenbrand (HI) - Hillenbrand (HI) has shown significant price performance, with an 18.3% increase over the past four weeks and a 32.7% gain over the past 12 weeks, indicating strong investor interest [4][5] - The stock has a beta of 1.46, suggesting it moves 46% more than the market, reflecting its fast-paced momentum [5] - HI has a Momentum Score of A, indicating a favorable time to invest based on its momentum characteristics [6] - The stock has also received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - HI is currently trading at a Price-to-Sales ratio of 0.63, suggesting it is undervalued as investors pay only 63 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides HI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [9]
Hillenbrand (HI) Is Attractively Priced Despite Fast-paced Momentum