Despite Fast-paced Momentum, Mistras (MG) Is Still a Bargain Stock

Core Viewpoint - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] Group 1: Momentum Investing Strategy - Investors following momentum investing often face challenges in determining the right entry point, as stocks may lose momentum if future growth does not justify their high valuations [1] - 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 [2] Group 2: Mistras Group (MG) Analysis - Mistras Group (MG) has shown significant recent price momentum, with a four-week price change of 31.1%, indicating growing investor interest [3] - Over the past 12 weeks, MG's stock has gained 29.6%, and it has a beta of 1.26, suggesting it moves 26% more than the market in either direction [4] - MG has a Momentum Score of B, indicating a favorable time to invest based on its momentum characteristics [5] Group 3: Earnings Estimates and Valuation - MG has experienced upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects as analysts raise their estimates [6] - The stock is currently trading at a Price-to-Sales ratio of 0.55, suggesting it is undervalued, as investors pay only 55 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides MG, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [7] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [8]