Despite Fast-paced Momentum, Core Molding Technologies (CMT) Is Still a Bargain Stock

Core Investment Strategy - Momentum investing contrasts with the traditional "buy low and sell high" approach, focusing instead on "buying high and selling higher" to 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] Investment Opportunities - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, with tools like the Zacks Momentum Style Score aiding in identifying such stocks [2] - Core Molding Technologies (CMT) is highlighted as a strong candidate for investment due to a recent price increase of 1.8% over the past four weeks, indicating growing investor interest [3] Performance Metrics - CMT has demonstrated positive returns over a longer timeframe, gaining 3.4% over the past 12 weeks, and has a beta of 1.66, suggesting it moves 66% more than the market [4] - CMT's Momentum Score of B indicates a favorable time to invest, with a strong probability of success [5] Earnings and Valuation - An upward trend in earnings estimate revisions has contributed to CMT earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [6] - CMT is trading at a Price-to-Sales ratio of 0.52, indicating it is relatively undervalued, as investors pay only 52 cents for each dollar of sales [6] Additional Investment Options - Besides CMT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, providing additional avenues for stock selection [8]