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 if future growth does not justify high valuations [1] - Identifying the right entry point for fast-moving stocks is challenging, and traditional momentum parameters may not always be reliable [1] Group 2: Bargain Stocks with Momentum - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced stocks [2] Group 3: Jackson Financial (JXN) Analysis - Jackson Financial (JXN) has shown a four-week price change of 8.2%, indicating growing investor interest [3] - Over the past 12 weeks, JXN's stock gained 13.7%, and it has a beta of 1.46, suggesting it moves 46% more than the market [4] - JXN has a Momentum Score of B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - JXN is trading at a Price-to-Sales ratio of 0.91, suggesting it is undervalued at 91 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides JXN, there are other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens to help investors find winning stock picks based on their investing style [8]
Jackson Financial (JXN) Shows Fast-paced Momentum But Is Still a Bargain Stock