All ProPicks strategies beat the market in debut month

Historically the strongest month of the year for stocks, November did not disappoint investors worldwide, with the S&P 500 rallying a solid 8.9% and the NASDAQ Composite outperforming again with a 10.8% gain.

Not only that, but the year-to-date bull market gained significant breath, broadening across different sectors of the market. As a consequence, the lower-beta Dow Jones Industrial Average posted a fat 8.7% gain, its best monthly performance in more than a year, as the small-cap Russell 2000 notched a similar 9% gain.

Sentiment was boosted mainly by lowering inflation and a more dovish Fed, prompting the market to re-evaluate interest rate expectations for 2024.

Against such a backdrop, well-allocated stock investors should have also garnished substantial gains. However, unfortunately, such is not necessarily true for those simply positioned on the wrong stocks.

That's why Source: InvestingPro ProPicks

Two of the stocks within this strategy with an outstanding November performance are:

• Crown Castle (NYSE:CCI): +27% MoM

• IDEXX Laboratories (NASDAQ:IDXX): +20.8%

InvestingPro users can see the full strategy - along with the other five ProPicks strategies - on our Not yet a Pro user? Subscribe now and start outperforming the market immediately .

* Readers of this article can enjoy an exclusive 10% discount on our yearly plan with the code PPNOV1 and a similar 10% discount on the by-yearly Pro+ plan by using the coupon code PPNOV2 at checkout.

2. Mid-Cap Movers/h2

Characterized by their agility in navigating the business landscape without carrying an undue level of risk, mid-cap companies typically operate below the radar of public awareness despite boasting robust growth prospects.

In fact, and this may surprise many readers, mid-caps have been the isolated performance leader amongst ProPicks strategies in November, yielding a lofty 16.37%, and amounting to an impressive 25.4% YTD gain.

On the historical 10-year chart, the strategy is beating the S&P 500 by a solid 345%, as seen below:

Two of the stocks within this strategy with an outstanding November performance are:

• Victoria's Secret (NYSE:VSCO): +60% MoM

• RH (NYSE:RH): +30% MoM

InvestingPro users can see the full strategy - along with the other five ProPicks strategies - on our Not yet a Pro user? Subscribe now and start outperforming the market immediately .

* Readers of this article can enjoy an exclusive 10% discount on our yearly plan with the code PPNOV1 and a similar 10% discount on the by-yearly Pro+ plan by using the coupon code PPNOV2 at checkout.

3. Tech Titans/h2

Hunting down the top dogs in the tech world is like finding the golden ticket to success, especially with everyone gearing up for the Fed to start lowering interest rates as early as H1 next year.

With the market looking favorably towards tech stocks again, beating the Nasdaq hasn't been an easy task, especially when the tech-heavy index rallied 10.8% in November. However, positioned only on the top stocks of its class, our Tech Titans strategy yielded a hefty 13.2% on the month.

With this performance, the strategy has now beaten the S&P 500 by over 952% during the next decade, as seen in the chart below:

Two of the stocks within this strategy with an outstanding November performance are:

• Nutanix (NASDAQ:NTNX): +23.7% MoM

• Palo Alto Networks (NASDAQ:PANW): +21.9% MoM

InvestingPro users can see the full strategy - along with the other five ProPicks strategies - on our Not yet a Pro user? Subscribe now and start outperforming the market immediately .

* Readers of this article can enjoy an exclusive 10% discount on our yearly plan with the code PPNOV1 and a similar 10% discount on the by-yearly Pro+ plan by using the coupon code PPNOV2 at checkout.

Our other strategies that are rebalanced monthly have also outperformed in November. Let's see the data below:

Top Value Stocks Strategy:

• November gain + 13.9%
• YTD gain: 42.3%
• 10-Y compounded: 789%

Dominate the Dow Strategy:

• November gain +8.6%
• YTD gain: 20.8%
• 10-Y compounded: 576%

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*Readers of this article can enjoy an exclusive 10% discount on our yearly plan with the code PPNOV1 and a similar 10% discount on the by-yearly Pro+ plan by using the coupon code PPNOV2 at checkout.