Despite Fast-paced Momentum, Bandwidth (BAND) Is Still a Bargain Stock

Core Viewpoint - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their growth potential does not justify high valuations [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: Bandwidth (BAND) Stock Analysis - Bandwidth (BAND) has shown a four-week price change of 0.4%, indicating growing investor interest [2] - Over the past 12 weeks, BAND's stock price has increased by 19.3%, demonstrating its ability to deliver positive returns over a longer timeframe [3] - BAND has a beta of 1.42, suggesting it moves 42% more than the market in either direction, indicating fast-paced momentum [3] Group 3: Earnings Estimates and Valuation - BAND has a Momentum Score of B and a Zacks Rank 2 (Buy), supported by upward revisions in earnings estimates, which attract more investors [4] - The stock is currently trading at a Price-to-Sales ratio of 0.59, indicating it is undervalued as investors pay only 59 cents for each dollar of sales [4] Group 4: Additional Investment Opportunities - Besides BAND, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [5] - The Zacks Premium Screens offer over 45 strategies to help identify potential winning stocks based on individual investing styles [5]