Fast-paced Momentum Stock TerrAscend Corp. (TSNDF) Is Still Trading at a Bargain

Momentum Investing Strategy: Momentum investors focus on "buying high and selling higher," often avoiding traditional strategies of buying undervalued stocks. They seek fast-moving stocks with recent price momentum, but this approach can be risky if the stock's growth potential does not justify its valuation.

TerrAscend Corp. (TSNDF) as a Strong Candidate: TSNDF has shown significant price momentum, gaining 117.1% over four weeks and 83.1% over twelve weeks, while trading at a reasonable valuation of 0.82 times its sales. It holds a favorable Momentum Score of B and a Zacks Rank #2 (Buy), indicating strong potential for continued growth.