Core Viewpoint - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] Group 1: Momentum Investing Strategy - Investors following momentum investing often avoid undervalued stocks, believing that quicker profits can be made from trending stocks [1] - Identifying the right entry point for momentum stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Stock Analysis - Superior Group (SGC) - Superior Group (SGC) has shown a four-week price change of 6.9%, indicating growing investor interest [3] - Over the past 12 weeks, SGC's stock has gained 21.7%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - SGC has a beta of 1.45, suggesting it moves 45% more than the market in either direction, indicating fast-paced momentum [4] - The stock has a Momentum Score of B, suggesting it is a favorable time to invest [5] - SGC has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [6] - The stock is trading at a Price-to-Sales ratio of 0.33, indicating it is relatively cheap at 33 cents for each dollar of sales [6] Group 3: Investment Opportunities - SGC is highlighted as a strong candidate for investment, with potential for further price appreciation [7] - Other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria are also available for consideration [7] - Zacks offers over 45 Premium Screens to help investors find winning stock picks based on their investing style [8]
Fast-paced Momentum Stock Superior Group (SGC) Is Still Trading at a Bargain