Capri Holdings (CPRI) 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" to maximize returns in a shorter time frame [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lose momentum if future growth does not justify 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: Capri Holdings (CPRI) Analysis - Capri Holdings has shown a price increase of 11% over the past four weeks, indicating growing investor interest [4] - The stock has gained 20.7% over the past 12 weeks, with a beta of 1.82, suggesting it moves significantly more than the market [5] - CPRI has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - An upward trend in earnings estimate revisions has contributed to CPRI's Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - CPRI is trading at a Price-to-Sales ratio of 0.64, suggesting it is undervalued relative to its sales [7] Group 3: Additional Investment Opportunities - Besides CPRI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to various investing styles, aiding in stock selection [9]