Why Fast-paced Mover Norsk Hydro ASA (NHYDY) Is a Great Choice for Value Investors

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 for fast-moving stocks, which can lead to investments with limited upside or potential downside [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [3] Group 2: Case Study - Norsk Hydro ASA (NHYDY) - Norsk Hydro ASA (NHYDY) has shown a price increase of 3.8% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, NHYDY has gained 15%, demonstrating its ability to deliver positive returns over a longer timeframe [5] - NHYDY has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [6] Group 3: Earnings Estimates and Valuation - NHYDY 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 0.66, indicating it is attractively priced at 66 cents for each dollar of sales [7] Group 4: Additional Opportunities - NHYDY is not the only stock that meets the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting other potential investment opportunities exist [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify winning stock picks [9]