Red Robin (RRGB) Shows Fast-paced Momentum But Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] Group 2: Red Robin (RRGB) Stock Analysis - Red Robin has seen a price increase of 8.6% over the past four weeks, indicating growing investor interest [4] - The stock has gained 27.2% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - RRGB has a beta of 2.45, suggesting it moves 145% higher than the market in either direction, indicating fast-paced momentum [5] - RRGB has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - RRGB is trading at a Price-to-Sales ratio of 0.09, indicating it is relatively cheap at 9 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides RRGB, there are other stocks that meet the criteria of "Fast-Paced Momentum at a Bargain" and may be worth considering for investment [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [9]