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This top AI-picked stock is up 12.6% in premarket, poised for further gains today

Published 25/07/2024, 12:02
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Investing.com — While most investors give back some of their year-to-date gains on the worst day for the S&P 500 since December 2022, others are booking fantastic profits on lesser-known, better-positioned names as the market seeks to diversify beyond tech names.

Such is the case of our premium users, who, for less than $8 a month, received Molina Healthcare (NYSE:MOH) as part of our July list of AI-picked winners and are now ranking a chunky 12.6% gain on the stock today alone.

The gains come after the healthcare provider posted a 17% year-over-year increase in premium revenue, reaching around $9.4 billion in the second quarter. This rise resulted from a significant increase in new contract acquisitions, strategic purchases, and market expansions.

MOH stock adds to the growing list of winners for Q2 earnings season picked by our predictive AI in July. Just yesterday, our premium users also gained big on Manhattan Associates (NASDAQ:MANH) and Enphase Energy (NASDAQ:ENPH), which - despite the terrible day for the broader market - rallied 10.5% and 12.8%, also on solid earnings beats.

But amid the myriad of stocks reporting earnings, how can one know enough to buy the right winners BEFORE they report? - Particularly when talking about lesser-known names such as MOH and MANH.

Well, truth be told, you probably couldn't by yourself. But don't worry - none of us could do it by ourselves either.

That's where our powerful AI stock-picking tool proves to be a game changer for retail investors.

Powered by decades of stock market data and state-of-the-art financial modeling, it will separate the top stocks in the market from the not-so-good and feed them back to you on monthly updates.

And the best part? Using this link, as part of our limited-time-only summer sale, it will cost you less than a meager $8 a month.

Differently from everything else out there, our AI-powered stock picks stocks before they become too expensive, thus not just following a "momentum" model.

That's how our composed Tech Titans strategy managed to simply obliterate the market since our official launch in November last year (numbers as of premarket today):

  • Tech Titans: +76.85%
  • S&P 500: 28.06%

This is no backtest; this is real-world performance, unfolded in real time to our users' benefit.

In fact, our backtest suggests that going for the long run will give you even heftier gains. See chart below for reference: Tech Titans Vs. Benchmark
Source: ProPicks

This means a $100K principal in our strategy would have turned into an eye-popping $1,879,800K by now.

As earnings season kicks into high gear, will you keep on guessing or have an insight into the winners?

For less than $8 a month, that decision has never been easier. Subscribe Now for Up to 50% Off!

*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 PROPICKS2024!

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