Why Fast-paced Mover ArcBest (ARCB) is a great choice for value investors

This story originally appeared on Zacks

Dynamic investors typically do not synchronize the market or “buy low and sell high”. In other words, they avoid betting on cheap stocks and waiting a long time for them to recover. Instead, they believe that “buying high and selling higher” is the way to make a lot more money in less time.

– Zack

Who doesn’t like to bet on fast trending stocks? But determining the right entry point is not easy. Often, these stocks lose momentum once their valuation exceeds their potential for future growth. In such a situation, investors find themselves overloaded with expensive stocks with little or no upside or even downside. So going all-in on the swing can be risky at times.

It might be safer to invest in low priced stocks that have recently seen price momentum. While the Zacks Momentum style score (which is part of the Zacks style scoring system), which pays particular attention to the price or earnings trends of a stock, is quite useful in identifying high momentum stocks, our “Fast Momentum at a Great Price” screen comes in handy for spotting fast moving stocks that are still attractively priced.

There are several actions currently going through the screen and ArcBest (ARCB) is one of them. Here are the main reasons why this title is a great candidate.

The growing interest of investors in a stock is reflected in its recent price increase. A price change of 17.4% over the past four weeks positions the title of this freight transport and logistics company well in this regard.

While any stock can experience a price rise for a short period of time, it takes a real dynamic player to generate positive returns over a longer period. ARCB also meets this criterion, with the stock having gained 25.6% over the past 12 weeks.

Additionally, the momentum for ARCB is rapid, as the title currently has a beta of 1.79. This indicates that the stock is moving 79% higher than the market in both directions.

Given this price performance, it’s no surprise that ARCB has a Momentum Score of B, indicating that now is a good time to step into the action to take advantage of the momentum with the most. high probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions helped ARCB achieve a Zacks Rank # 1 (Strong Buy). Our research shows that the dynamic effect is quite strong among Zacks Tier 1 and 2 stocks. Indeed, as hedge analysts increase their earnings estimates for a stock, more and more investors are taking an interest in it, helping its price run to keep pace. You can see the full list of Zacks Rank # 1 (strong buy) stocks today here >>>>

More importantly, despite its rapid momentum characteristics, ARCB is trading at a reasonable valuation. In terms of the price-to-sell ratio, which is considered one of the best indicators of valuation, the stock looks pretty cheap now. ARCB is currently trading at 0.55 times its sales. In other words, investors only have to pay 55 cents for every dollar sold.

So the ARCB seems to have plenty of room to run, and that too at a fast pace.

In addition to ARCB, several other actions are currently going through our “Fast Momentum at a Great Price” screen. You can consider investing in them and start looking for the most recent stocks that match these criteria.

This isn’t the only screen that might help you find your next winning stock pick. Depending on your personal investing style, you can choose from over 45 Premium Zacks displays that are strategically created to beat the market.

However, keep in mind that the key to a successful stock selection strategy is to ensure that it has produced profitable results in the past. You can easily do this with the help of Zacks’ research assistant. In addition to allowing you to check the effectiveness of your strategy, the program contains some of our most successful stock selection strategies.

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5 actions in the process of doubling

Each was selected by a Zacks expert as the # 1 favorite stock to earn + 100% or more in 2021. Previous recommendations climbed + 143.0%, + 175.9%, + 498.3% and + 673.0%.

Most of the stock in this report is flying under Wall Street’s radar, which provides a great opportunity to get into the ground floor.

Today, discover these 5 potential circuits >>

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ArcBest Corporation (ARCB): Free Stock Analysis Report

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