Despite Fast-paced Momentum, MillerKnoll (MLKN) Is Still a Bargain Stock

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: MillerKnoll (MLKN) Stock Analysis - MillerKnoll (MLKN) has shown a price increase of 18.4% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, MLKN's stock gained 62.3%, demonstrating its ability to deliver positive returns over a longer timeframe [5] - MLKN has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - MLKN is trading at a Price-to-Sales ratio of 0.41, indicating it is relatively cheap at present [7] Group 3: Additional Investment Opportunities - Besides MLKN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, which may also present investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [9]