Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Allegiant Travel (ALGT) could produce exceptional returns because of its solid growth attributes.

The consensus price target hints at a 25.7% upside potential for Allegiant Travel (ALGT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Allegiant Travel (ALGT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.