Despite Fast-paced Momentum, Enerflex (EFXT) Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Enerflex (EFXT) Analysis - Enerflex (EFXT) has shown a four-week price change of 8.9%, indicating growing investor interest [4] - Over the past 12 weeks, EFXT has gained 35.5%, with a beta of 2.01, suggesting it moves significantly more than the market [5] - EFXT has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - EFXT has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is currently trading at a Price-to-Sales ratio of 0.58, indicating it is undervalued at 58 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides EFXT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify winning stock picks based on various investing styles [9]