Despite Fast-paced Momentum, AllianceBernstein (AB) Is Still a Bargain Stock

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 Characteristics - 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 [2] Group 2: AllianceBernstein (AB) Stock Analysis - AllianceBernstein (AB) has shown a price increase of 7.4% over the past four weeks, indicating growing investor interest [2] - Over the past 12 weeks, AB's stock gained 25.5%, demonstrating its ability to deliver positive returns over a longer timeframe [2] - AB has a beta of 1.26, suggesting it moves 26% higher than the market in either direction, indicating fast-paced momentum [3] - AB holds a Momentum Score of B, suggesting it is an opportune time to invest in the stock [3] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [3] - AB is trading at a Price-to-Sales ratio of 0.92, indicating it is reasonably valued at 92 cents for each dollar of sales [3] Group 3: Investment Opportunities - AB appears to have significant potential for growth at a fast pace, making it an attractive investment option [4] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, providing further investment opportunities [4] - The Zacks Premium Screens offer various strategies to identify winning stock picks based on individual investing styles [4]