Why Fast-paced Mover ArcelorMittal (MT) Is a Great Choice for Value Investors

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy 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: ArcelorMittal (MT) Analysis - ArcelorMittal has shown a price increase of 7.3% over the past four weeks, indicating growing investor interest [4] - The stock has gained 33% over the past 12 weeks, with a beta of 1.79, suggesting it moves significantly more than the market [5] - MT has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to MT's Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - MT is trading at a Price-to-Sales ratio of 0.40, suggesting it is undervalued, as investors pay only 40 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides MT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]