Fast-paced Momentum Stock Freightcar America (RAIL) Is Still Trading at a Bargain

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] Group 2: Freightcar America (RAIL) Analysis - Freightcar America (RAIL) has shown significant price momentum with a four-week price change of 18% [4] - RAIL has gained 17.8% over the past 12 weeks, indicating its potential for sustained positive returns [5] - The stock has a beta of 1.67, suggesting it moves 67% more than the market in either direction [5] - RAIL has a Momentum Score of B, indicating a favorable time to invest [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [7] - RAIL is trading at a Price-to-Sales ratio of 0.41, indicating it is reasonably valued at 41 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides RAIL, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify winning stock picks [9]