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 for fast-moving stocks, which can lead to limited upside or downside risks [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify potential candidates [3] Group 2: Crescent Energy (CRGY) Analysis - Crescent Energy (CRGY) has shown a price increase of 13.1% over the past four weeks, indicating growing investor interest [4] - The stock has gained 11% over the past 12 weeks and has a beta of 2.29, suggesting it moves 129% higher than the market in either direction [5] - CRGY has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - CRGY is trading at a Price-to-Sales ratio of 0.88, suggesting it is undervalued at 88 cents for each dollar of sales [7] Group 3: Investment Opportunities - CRGY appears to have significant growth potential and is part of a broader list of stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their personal investing styles [9]
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Crescent Energy (CRGY)