Why Fast-paced Mover Noodles & Co. (NDLS) Is a Great Choice for Value Investors

Core Viewpoint - Momentum investing focuses on buying stocks that are trending upwards rather than undervalued stocks, with the belief that one can achieve higher returns in a shorter time frame [1] Group 1: Momentum Investing Strategy - Momentum investing is characterized by the approach of "buying high and selling higher," contrasting with the traditional "buy low and sell high" strategy [1] - Identifying the right entry point for momentum stocks can be challenging, as these stocks may lose momentum if their valuations exceed future growth potential [1] Group 2: Noodles & Co. (NDLS) as a Momentum Stock - Noodles & Co. (NDLS) has shown significant price momentum, with a four-week price change of 132.6%, indicating strong investor interest [3] - Over the past 12 weeks, NDLS has gained 110.5%, demonstrating its ability to deliver positive returns over a longer time frame [4] - NDLS has a beta of 1.77, suggesting it moves 77% more than the market in either direction, indicating fast-paced momentum [4] Group 3: Valuation and Earnings Estimates - NDLS has a Momentum Score of B, suggesting it is an opportune time to invest in the stock to capitalize on its momentum [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [6] - NDLS is trading at a Price-to-Sales ratio of 0.15, indicating it is relatively cheap, as investors pay only 15 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides NDLS, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [7] - The Zacks Premium Screens offer over 45 different strategies to help identify potential winning stocks based on various investing styles [8]