Why Fast-paced Mover Array Technologies (ARRY) Is a Great Choice for Value Investors

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1][2] Group 1: Momentum Investing Strategy - Momentum investors typically do not time the market, instead they capitalize on stocks that are trending upwards [1] - The challenge lies in determining the right entry point, as stocks can lose momentum if their valuations exceed future growth potential [2] Group 2: Investment Opportunities - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [3] - Array Technologies, Inc. (ARRY) is highlighted as a strong candidate due to a four-week price change of 7.3% [4] - ARRY has shown a 10.8% gain over the past 12 weeks, indicating sustained momentum [5] Group 3: Performance Metrics - ARRY has a beta of 1.74, suggesting it moves 74% more than the market in either direction, indicating high volatility [5] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest [6] - ARRY has a Zacks Rank 2 (Buy) due to positive earnings estimate revisions, which typically attract more investors [7] Group 4: Valuation - ARRY is trading at a Price-to-Sales ratio of 0.99, indicating it is relatively undervalued as investors pay only 99 cents for each dollar of sales [7] - This suggests that ARRY has significant potential for price appreciation while maintaining a favorable valuation [8]