Despite Fast-paced Momentum, Flex (FLEX) Is Still a Bargain Stock

Group 1: Momentum Investing Overview - Momentum investing deviates from the traditional strategy of "buying low and selling high," focusing instead on "buying high and selling higher" to maximize returns in a shorter timeframe [1] - Identifying the right entry point for fast-moving stocks can be challenging, as these stocks may lose momentum if their valuations exceed future growth potential, leading to potential losses for investors [2] Group 2: Investment Strategy and Stock Selection - Investing in bargain stocks that have recently shown price momentum can be a safer approach, with tools like the Zacks Momentum Style Score aiding in identifying promising momentum stocks [3] - Flex (FLEX) is highlighted as a strong candidate for investment, having experienced a 12.9% price increase over the past four weeks, indicating growing investor interest [4] - FLEX has also gained 9.6% over the past 12 weeks, with a beta of 1.26, suggesting it moves 26% more than the market in either direction, demonstrating its strong momentum [5] Group 3: Performance Metrics and Valuation - FLEX holds a Momentum Score of B, indicating a favorable time to invest based on its momentum characteristics [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest and drive prices higher [7] - FLEX is currently trading at a Price-to-Sales ratio of 0.91, suggesting it is undervalued, as investors pay only 91 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides FLEX, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks based on their personal investing styles [9]