Despite Fast-paced Momentum, Holley (HLLY) Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum if future growth does not justify high valuations [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through tools like the Zacks Momentum Style Score [3] Group 2: Holley Inc. (HLLY) Analysis - Holley Inc. (HLLY) has shown a price increase of 23.4% over the past four weeks, indicating strong investor interest [4] - HLLY has gained 1.4% over the past 12 weeks and has a beta of 1.36, suggesting it moves 36% more than the market [5] - HLLY has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - HLLY has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.72, indicating it is reasonably valued at 72 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides HLLY, there are other stocks that meet the criteria of "Fast-Paced Momentum at a Bargain" [8] - Investors can explore over 45 Zacks Premium Screens tailored to identify winning stock picks based on various investing styles [9]