Despite Fast-paced Momentum, Cemig (CIG) 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 often face challenges in determining the right entry point for fast-moving stocks, which can lose momentum if future growth does not justify high valuations [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify these opportunities [3] Group 2: Cemig (CIG) Stock Analysis - Cemig (CIG) has shown a price increase of 11.4% over the past four weeks, indicating growing investor interest [4] - The stock has gained 9% over the past 12 weeks and has a beta of 1.29, suggesting it moves 29% more than the market [5] - CIG has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - CIG is trading at a Price-to-Sales ratio of 0.77, indicating it is undervalued at 77 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides CIG, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]