Despite Fast-paced Momentum, Accel Entertainment (ACEL) Is Still a Bargain Stock

Core Viewpoint - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery, aiming for quicker profits [1] Group 1: Momentum Investing Strategy - Fast-moving trending stocks can be difficult to time, as they may lose momentum if future growth does not justify high valuations, leading to potential downside risks [2] - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [3] Group 2: Accel Entertainment (ACEL) Analysis - Accel Entertainment (ACEL) has shown a four-week price change of 3.1%, indicating growing investor interest [4] - Over the past 12 weeks, ACEL's stock gained 0.4%, with a beta of 1.47, suggesting it moves 47% more than the market in either direction [5] - ACEL has a Momentum Score of B, indicating a favorable entry point for investors looking to capitalize on momentum [6] Group 3: Earnings Estimates and Valuation - ACEL has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is currently trading at a Price-to-Sales ratio of 0.80, suggesting it is undervalued as investors pay only 80 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides ACEL, 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]