Voestalpine (VLPNY) Shows Fast-paced Momentum But Is Still a Bargain Stock

Core Insights - 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] - Identifying the right entry point for momentum stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 1: Momentum Investing Strategy - Investing in bargain stocks that have recently shown price momentum can be a safer approach [2] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [2] Group 2: Voestalpine AG (VLPNY) Analysis - Voestalpine AG (VLPNY) has shown significant price momentum, with a four-week price change of 21.4% [3] - Over the past 12 weeks, VLPNY's stock gained 39.3%, indicating strong long-term momentum [4] - VLPNY has a beta of 1.35, suggesting it moves 35% more than the market in either direction [4] - The stock has a Momentum Score of A, indicating a favorable time to invest [5] - VLPNY has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [6] - The stock is trading at a Price-to-Sales ratio of 0.47, indicating it is undervalued at 47 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides VLPNY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [8]