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Fast-paced Momentum Stock Skillsoft (SKIL) Is Still Trading at a Bargain
Skillsoft Skillsoft (US:SKIL) ZACKS·2024-09-24 13:50

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: Skillsoft Corp. (SKIL) Analysis - Skillsoft Corp. (SKIL) has shown a price increase of 18% over the past four weeks, indicating growing investor interest [4] - The stock has gained 4.5% over the past 12 weeks and has a beta of 1.32, suggesting it moves 32% more than the market [5] - SKIL 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 typically attract more investors [7] - SKIL is trading at a Price-to-Sales ratio of 0.22, meaning investors pay 22 cents for each dollar of sales, indicating a reasonable valuation [7] Group 3: Additional Investment Opportunities - Besides SKIL, 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]