Fast-paced Momentum Stock Bed Bath & Beyond (BBBY) Is Still Trading at a Bargain

Core Insights - 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] - 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 1: Momentum Investing Strategy - Investing in bargain stocks that have recently shown price momentum can be a safer approach [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 fast-moving stocks [2] Group 2: Bed Bath & Beyond (BBBY) Analysis - BBBY has shown a price increase of 5.4% over the past four weeks, indicating growing investor interest [3] - The stock gained 56% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - BBBY has a beta of 2.77, suggesting it moves 177% higher than the market in either direction, indicating fast-paced momentum [4] Group 3: Valuation and Earnings Estimates - BBBY has a Momentum Score of B, suggesting it is a favorable time to invest in the stock [5] - The stock has earned a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [6] - BBBY is trading at a Price-to-Sales ratio of 0.50, indicating it is relatively cheap at 50 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - BBBY is not the only stock that meets the 'Fast-Paced Momentum at a Bargain' criteria; there are several other stocks worth considering [7] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to find potential winning stocks [8]