Despite Fast-paced Momentum, Stagwell (STGW) 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" [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 limited upside or downside risks [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify these opportunities [3] Group 2: Stagwell (STGW) Analysis - Stagwell (STGW) has shown a four-week price change of 8.1%, indicating growing investor interest [4] - Over the past 12 weeks, STGW has gained 1.6%, and it has a beta of 1.51, suggesting it moves 51% more than the market [5] - STGW has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - STGW 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 0.50, indicating it is undervalued at 50 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides STGW, 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 potential winning stocks [9]