Despite Fast-paced Momentum, National Vision (EYE) 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, as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach 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: National Vision (EYE) Stock Analysis - National Vision (EYE) has shown a four-week price change of 3.9%, indicating growing investor interest [4] - EYE has gained 14.2% over the past 12 weeks, with a beta of 1.42, suggesting it moves 42% more than the market [5] - EYE holds a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - EYE has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.46, indicating it is relatively cheap at 46 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides EYE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [9]