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These stocks are rallying big time after the softer-than-expected CPI reading

Published 12/06/2024, 15:00
Updated 12/06/2024, 15:02
© Reuters.

Investing.com — As the market jumps on the repricing of rate cut expectations after today's softer-than-expected CPI reading, several stocks are seeking to rally to all-time highs.

Against this backdrop, investors who managed to position themselves in the correct stocks with the help of our AI-powered stock-picking tool for less than $9 a month are now harvesting big profits.

Among our picks for June, several are jumping today, extending their gains in the month. Just to give you a few examples:

  • Smart Global Holdings Inc (NASDAQ:SGH) +5.2% as of this writing; +11% in June.
  • First Solar Inc (NASDAQ:FSLR) +2.5%as of this writing; +11% in June.
  • YETI Holdings Inc (NYSE:YETI) +3% as of this writing; +8% in June.
  • Autodesk Inc (NASDAQ:ADSK) +3.8% as of this writing; +8.5% in June.

Among several others...

Subscribe here for less than $9 a month to see the full list of 90+ picks for the month.

And we're still holding on to NVIDIA Corporation (NASDAQ:NVDA), which provided our users with another +14% gain month to date.

But how does our AI manage to pick stocks that beat the market consistently?

By combining the history of the stock market in data with state-of-the-art fundamental modeling, our AI manages to place its users always one step ahead of the market.

Differently from the competition, our model is forward-looking, meaning you will not be holding picks that have reached their peak - a constant issue with normal momentum modeling.

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In fact, users who followed our Tech Titans strategy in May gained a hefty 10.2% in the month alone. That's twice as much as the S&P 500, which rallied a solid 5.1% during the same period.

Driven by such picks as:

  • Perficient Inc (NASDAQ:PRFT): +56.39% in May.
  • Vistra Energy Corp (NYSE:VST): +37.08% in May.
  • Marathon Digital Holdings Inc (NASDAQ:MARA): +24.70% in May.
  • Applovin Corp (NASDAQ:APP): +18.30% in May.
  • NVIDIA Corporation (NASDAQ:NVDA): +33.07% in May.
  • NAPCO Security Technologies Inc (NASDAQ:NSSC): +28.88% in May.
  • Louisiana-Pacific Corporation (NYSE:LPX): +24.88% in May.
  • Wayfair Inc (NYSE:W): +17% in May.

Our strategies widened their leadership over the S&P 500 since our official launch in October last year. See below:

  • Tech Titans: +67.44%
  • Beat the S&P 500: +31.21%
  • Dominate the Dow: +19.42%
  • Top Value Stocks: + 31.75%
  • Mid-Cap Movers: + 19.26%

That's compared against:

This is no backtest. This is the real-world performance unfolded right in front of our eyes.

This is the methodology that led our flagship Tech Titans strategy to garnish an eye-popping 1,768% return in our backtest over the last decade.Tech Titans Vs. Benchmark

Source: ProPicks

This means a $100K principal in our strategy would have turned into an eye-popping $1,868,000 by now.

Subscribe now for less than $9 a month and get ready for a market-beating June performance!Subscribe Now!

*And since you made it all the way to the bottom of this article, we'll give you a special 10% extra discount on all our plans with the coupon code PROPICKS20242!

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