Group 1 - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] Group 2 - SunOpta (STKL) is highlighted as a strong candidate for investment, showing a recent price change of 0.2% and gaining 8.9% over the past 12 weeks [3][4] - STKL has a beta of 1.32, indicating it moves 32% more than the market, suggesting strong momentum [4] - The stock has a Momentum Score of B, indicating a favorable time to invest [5] Group 3 - STKL has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [6] - The stock is trading at a Price-to-Sales ratio of 0.97, suggesting it is undervalued at present [6] - STKL is positioned for significant growth potential, supported by its favorable momentum characteristics [7] Group 4 - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, indicating more investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify winning stock picks [8]
Despite Fast-paced Momentum, SunOpta (STKL) Is Still a Bargain Stock