Despite Fast-paced Momentum, PRA Group (PRAA) Is Still a Bargain Stock

分组1 - 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] - The Zacks Momentum Style Score and the 'Fast-Paced Momentum at a Bargain' screen are useful tools for identifying attractive momentum stocks [2] 分组2 - PRA Group (PRAA) has shown a four-week price change of 10.4%, indicating strong recent price momentum and growing investor interest [3] - Over the past 12 weeks, PRAA has gained 5.8%, and its beta of 1.32 suggests it moves 32% more than the market, indicating fast-paced momentum [4] - PRAA has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [5] 分组3 - PRAA has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors and drive prices higher [6] - The stock is currently trading at a Price-to-Sales ratio of 0.56, indicating it is reasonably valued at 56 cents for each dollar of sales [6] - PRAA is positioned for significant growth potential, supported by its favorable momentum characteristics and valuation [7]