inTEST (INTT) ZACKS·2024-12-12 14:50Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, which can be identified using the Zacks Momentum Style Score [3] Group 2: InTest Corporation (INTT) Analysis - InTest Corporation (INTT) has shown a four-week price change of 2.6%, indicating growing investor interest [4] - The stock has gained 14.9% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - INTT has a beta of 1.89, suggesting it moves 89% higher than the market in either direction, indicating fast-paced momentum [5] - INTT has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - INTT is trading at a Price-to-Sales ratio of 0.79, indicating it is reasonably valued at 79 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides INTT, 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]