What's New | Nov 13, 2024 06:06AM ET
It’s been a year since the official launch of our flagship AI-powered stock picker, and now is money time. As highlighted in S&P 500 by +46%.
To deep dive into the results, Investing.com’s Global Analysis Lead, Thomas Monteiro, sat down with the visionary behind ProPicks AI and VP of Subscriptions at Investing.com, Andy Pai, for a special webinar. They look under the hood, crunch numbers, and explain some of the unfair advantages that ProPicks AI offers.
In case you missed it or want to catch it again, you can watch the full webinar here:
Key Highlights:
Before we get into the juicy details, a short refresher:
ProPicks AI is an AI-powered stock picker that helps you find exciting investment opportunities every month. The kinds of opportunities that typically only hedge funds can access. But thanks to our proprietary AI model, they’re available to over 150,000 subscribers at InvestingPro.
As Andy explains in the webinar, the insights and analysis that ProPicks AI generates are something that you simply can’t do on your own as a retail investor. ProPicks factors in 25 years of historical financial data across thousands of companies, considers over 50 financial metrics, and now also analyzes a full year of real-world performance.
Bottom line: You already know where to look to find a top index ETF. ProPicks AI is different. It’s the tool to use when you’re ready to take calculated risks and identify hot stocks likely to generate market-beating returns – whether you’re into undervalued blue chips or high-growth tech names.
These are the best-performing stocks across all six ProPicks AI strategies since launching the stock picker in November 2023.
10. Insulet Corp (NASDAQ:PODD ) +39.6%
NASDAQ: PODD | Strategy: Midcap Movers
After suffering a staggering 53% YTD drop by November 1, 2023, Inulet had firmly established itself among the worst performers in the month-long bullish surge on the horizon – and the timing proved to be just right.
9. Xerox (NASDAQ:XRX ) Holdings Corp +43.6%
NASDAQ: XRX | Strategy: Tech Titans
Similar to Inulet, ) had a short window of explosive growth that followed a prolonged decline in its stock price and preceded a massive second drop that would eventually kick this household name into small cap territory. For investors following our AI who managed to catch the three-month window, it paid off.
8. IDEXX Laboratories, Inc. +45.9%
NASDAQ: IDXX | Strategy: Beat the S&P 500
It's every trader's dream to catch a breakout as clean as the one IDEXX experienced in November of 2023. ProPicks not only caught the breakout, but it also locked in 45.9% profit on March 1, 2024. This timely exit proved crucial, as the stock soon gave back most of its gains and settled into a sideways pattern.
7. Williams-Sonoma (NYSE:WSM ), Inc. +46%
NYSE: WSM | Strategy: Top Value Stocks
True breakouts aren’t just technical events; they happen when fundamentals align perfectly to drive strong growth. ProPicks spotted these early signals for Williams-Sonoma (NYSE:WSM ) in early December 2023 and caught a five-month surge of 46% before the rally cooled.
6. Shift4 Payments, Inc. +48.5%
NYSE: FOUR | Strategy: Beat the S&P 500
Momentum trading at its finest: This fintech company skyrocketed 88% over the past year and ProPicks captured 48.5% of those gains in just one month.
5. Broadcom (NASDAQ:AVGO ), Inc. +64.8%
NASDAQ: AVGO | Strategy: Tech Titans
Despite massive market uncertainty and fear among investors, ProPicks spotted Broadcom’s impending shift into high gear and strategically added the stock to its portfolio rebalance at just the right time. The remarkable results underscore the value of strategic insight during turbulent times—something that can be challenging for human investors to achieve due to emotional biases.
4. Vistra Corp +82.4%
NYSE: VST | Strategy: Top Value Stocks
After eight years of crickets, Vistra finally broke out in 2024, delivering stunning returns—at one point even outpacing industry giants like Nvidia (NASDAQ:NVDA ). Manually spotting this shift in a stagnant stock would have required combing through mountains of data with no promise of success. But ProPicks was able to pinpoint successful entry and exit points between March and June of 2024, netting an impressive 82.4%.
3. MicroStrategy, Inc. +94.95%
NASDAQ: MSTR | Strategy: Tech Titans
The timing was even more dramatic in the case of MicroStrategy. After two decades of lull, ProPicks bagged staggering gains in just six months between December ‘23 and May ‘24. For investors who had waited for years with little to show, this parabolic surge underscored the power of AI-driven insights.
2. NVIDIA Corp (NASDAQ:NVDA ) +176.5%
NASDAQ: NVDA | Strategy: Beat the S&P 500
While many believed NVIDIA (NASDAQ:NVDA ) was ripe for a sell many times along the way, our AI saw otherwise, prompting investors to reassess the stock's fundamentals with every monthly rebalance. ProPicks AI is still holding the stock as part of its ‘Beat the S&P 500’ strategy, notching another fantastic 27.7% gain in the first week of November alone.
1. Super Micro Computer (NASDAQ:SMCI ), Inc. +185.8%
NASDAQ: SMCI | Strategy: Tech Titans
After surging 218% in the first three months of the year, many investors riding SMCI’s wave were wondering how long the bull run would last. But no one could have predicted the emotional rollercoaster that would follow—especially once the company became entangled in accounting-related allegations.
ProPicks AI maintained SMCI in its portfolio through six monthly rebalances from January to June 2024, making decisions based on quantitative analysis rather than emotion. Our AI ultimately removed SMCI from its strategy on July 1, 2024, after months of steady growth with nearly 186% gains.
Note: To match the strategies’ performance one-to-one, you’ll need to choose the entire monthly portfolio of 10-20 stocks and hold them equally weighted.
S&P 500 by +46%.
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