Fast-paced Momentum Stock Commercial Vehicle Group (CVGI) 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 for fast-moving stocks, which can lead to investments with limited upside or potential downside [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify these opportunities [3] Group 2: Commercial Vehicle Group (CVGI) Analysis - Commercial Vehicle Group (CVGI) has demonstrated significant price momentum, with a four-week price change of 13.3%, indicating growing investor interest [4] - Over the past 12 weeks, CVGI's stock has gained 1.9%, and it has a beta of 1.93, suggesting it moves 93% more than the market in either direction [5] - CVGI has a Momentum Score of A, indicating a favorable time to invest based on its momentum characteristics [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to CVGI earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - CVGI is currently trading at a Price-to-Sales ratio of 0.09, meaning investors pay only 9 cents for each dollar of sales, indicating a reasonable valuation [7] Group 4: Additional Investment Opportunities - Besides CVGI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [9]