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 - Momentum investing can be risky as stocks may lose momentum if their growth potential does not justify high valuations [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through tools like the Zacks Momentum Style Score [2] Group 2: Company Spotlight - Anywhere Real Estate (HOUS) - HOUS has shown a price increase of 17.2% over the past four weeks, indicating growing investor interest [3] - The stock has gained 51.4% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - HOUS has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [5] Group 3: Earnings and Valuation - HOUS has received 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 0.11, indicating it is undervalued, as investors pay only 11 cents for each dollar of sales [6] Group 4: Additional Opportunities - Besides HOUS, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on various investing styles [8]
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Anywhere Real Estate (HOUS)