Despite Fast-paced Momentum, NewtekOne (NEWT) Is Still a Bargain Stock

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: NewtekOne (NEWT) Stock Analysis - NewtekOne (NEWT) has shown a price increase of 2.7% over the past four weeks, indicating growing investor interest [3] - Over the past 12 weeks, NEWT's stock gained 14.1%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - NEWT has a beta of 1.25, suggesting it moves 25% more than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - NEWT has a Momentum Score of B, suggesting it is a favorable time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - NEWT is trading at a Price-to-Sales ratio of 0.86, indicating it is relatively cheap at present [6] Group 5: Additional Investment Opportunities - Besides NEWT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify winning stock picks [8]