Fast-paced Momentum Stock Angi (ANGI) Is Still Trading at a Bargain

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] - Identifying the right entry point for fast-moving stocks is challenging, and investors may end up with expensive shares that have limited upside [1] Group 2: Angi (ANGI) Stock Analysis - Angi (ANGI) has shown a four-week price change of 10.3%, indicating strong recent price momentum and growing investor interest [2] - Over the past 12 weeks, ANGI's stock gained 9.4%, demonstrating its ability to deliver positive returns over a longer timeframe [3] - ANGI has a beta of 1.97, suggesting it moves 97% higher than the market in either direction, indicating fast-paced momentum [3] Group 3: Earnings Estimates and Valuation - ANGI has a Momentum Score of B, suggesting it is a favorable time to invest in the stock [3] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [4] - ANGI is trading at a Price-to-Sales ratio of 0.93, indicating it is reasonably valued at 93 cents for each dollar of sales [4] Group 4: Additional Investment Opportunities - Besides ANGI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [5] - The Zacks Premium Screens offer over 45 strategies to help identify potential winning stocks based on various investing styles [5]