Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks is challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [2] - The 'Fast-Paced Momentum at a Bargain' screen is effective in spotting fast-moving stocks that remain attractively priced [2] Group 3: Katapult Holdings, Inc. (KPLT) Analysis - Katapult Holdings, Inc. (KPLT) has shown a 7% price increase over the past four weeks, indicating growing investor interest [3] - KPLT has gained 23.5% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.72, suggesting it moves 72% more than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - KPLT has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [6] - KPLT is trading at a Price-to-Sales ratio of 0.17, indicating it is relatively cheap at 17 cents for each dollar of sales [6] Group 5: Additional Investment Opportunities - KPLT is not the only stock that meets the criteria of the 'Fast-Paced Momentum at a Bargain' screen, with several other stocks also available for consideration [7] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8]
Despite Fast-paced Momentum, Katapult Holdings (KPLT) Is Still a Bargain Stock