Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: BJ's Restaurants (BJRI) Analysis - BJRI has shown a four-week price change of 7.1%, indicating growing investor interest [3] - Over the past 12 weeks, BJRI's stock gained 21.8%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - BJRI has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - BJRI is trading at a Price-to-Sales ratio of 0.64, indicating it is reasonably valued at 64 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides BJRI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [8]
Here Is Why Bargain Hunters Would Love Fast-paced Mover BJ's Restaurants (BJRI)