This midcap stock is rallying 16% after posting earnings and we told you to buy it
Investing.com | Author Thomas Monteiro
Published May 03, 2024 06:27AM ET
Investing.com — The month started on a very positive note for our premium users, who bought Wayfair (NYSE:W) stock ahead of the company's earnings report yesterday as part of our list of AI-picked market-beating picks for May - available via subscription for less than $9 a month .
After beating top and bottom-line revenue and EPS estimates and reporting a jump in active customers, the company's stock soared a juicy 16% yesterday.
Also part of our list of picks for May, Apple (NASDAQ:AAPL) stock jumped 7% in post-market trading after announcing its largest share buyback program in history.
This adds to our long list of winning picks ahead of earnings. Just to give you a few examples of stocks our predictive AI chose before they went on to rally this earnings season:
- Tesla (NASDAQ:TSLA): +12% after reporting earnings.
- BankUnited (NYSE:BKU): +6% after reporting earnings.
- Frontdoor (NASDAQ:FTDR): +10.53% after reporting earnings.
- Biogen (NASDAQ:BIIB): +6% after reporting earnings.
- Tenet Healthcare Corporation (NYSE:THC): +13.3% after reporting earnings.
- United Therapeutics Corporation (NASDAQ:UTHR): +11% after reporting earnings.
- Vistra Energy Corp (NYSE:VST): +10% after reporting earnings.
- Liberty Media Formula One Corp (NASDAQ:FWONK)(Best of Buffett Strategy): +7% after reporting earnings.
...And many others!
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