Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Broadwind Energy, Inc. (BWEN) Analysis - BWEN has shown a significant price increase of 65% over the past four weeks, indicating strong investor interest [4] - The stock has gained 54.3% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - BWEN has a beta of 1.49, suggesting it moves 49% more than the market in either direction, indicating fast-paced momentum [5] - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [6] - BWEN has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.40, indicating it is undervalued at 40 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides BWEN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Fast-paced Momentum Stock Broadwind Energy (BWEN) Is Still Trading at a Bargain