Accel Entertainment (ACEL) Shows Fast-paced Momentum But 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 typically avoid timing the market and instead capitalize on fast-moving stocks [1] - Identifying the right entry point for momentum stocks can be challenging, as they may lose momentum if their valuations exceed future growth potential [1] Group 2: Accel Entertainment (ACEL) Analysis - ACEL has shown a four-week price change of 4.3%, indicating growing investor interest [2] - Over the past 12 weeks, ACEL's stock gained 12.9%, demonstrating its ability to deliver positive returns over a longer timeframe [3] - ACEL has a beta of 1.42, suggesting it moves 42% higher than the market in either direction, indicating fast-paced momentum [3] Group 3: Earnings Estimates and Valuation - ACEL 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] - ACEL is trading at a Price-to-Sales ratio of 0.83, indicating it is reasonably valued at 83 cents for each dollar of sales [4] Group 4: Investment Opportunities - ACEL appears to have significant potential for growth at a fast pace [5] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, providing further investment opportunities [5]