Fast-paced Momentum Stock ThredUp (TDUP) Is Still Trading at a Bargain

Core 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 Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: ThredUp (TDUP) Stock Analysis - ThredUp (TDUP) has shown a price increase of 18% over the past four weeks, indicating growing investor interest [3] - Over the past 12 weeks, TDUP's stock gained 48%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - TDUP has a high beta of 1.75, suggesting it moves 75% more than the market in either direction, indicating fast-paced momentum [4] - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [5] - TDUP has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - The stock is trading at a Price-to-Sales ratio of 0.93, indicating it is reasonably valued at 93 cents for each dollar of sales [6] Group 3: Investment Opportunities - TDUP is highlighted as a strong candidate for investment, with potential for further price appreciation [7] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens to assist in identifying winning stock picks based on various investing styles [8]