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Take Allegro Microsystems (NASDAQ:ALGM), for example. Ever heard of it?
Well, if you were using ProPicks, you would not only have heard of it but would have profited of the 20% surge in its stock price since the beginning of the February - which is when our predictive AI-powered tool told users to buy it.
That's the ProPicks difference. By harnessing a blend of long-term market insights and cutting-edge analysis, ProPicks added ALGM to its Mid-Cap Movers strategy right at the start of February. The result? Pure profit.
And ALGM is just one stock from a robust selection of 70+ companies distributed across our six market-beating strategies. The true key to our outperformance is the resilience of our carefully curated list of winners—not solely reliant on individual picks.
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The stock price boost was followed by Allegro MicroSystems’ Q3 results on Feb 1, with EPS of $0.32 coming in better than the consensus estimate of $0.29. The company’s revenue grew 2% to $255 million, driven by continued strength in Automotive, which grew 18% year-over-year.
If you're intrigued by the success story of Allegro MicroSystems and eager to discover more stocks with similar potential, ProPicks is your gateway to a treasure trove of opportunities.
By joining ProPicks, you gain access to an exclusive list of 20 stocks within our Mid-Cap Movers strategy, each selected for their growth potential and robust fundamentals. Harnessing the power of cutting-edge AI technology, this strategy achieved an impressive gain of 40.3% in 2023, significantly outperforming the S&P 500's 24.2% and the Dow Jones's 13.7% increases.
Over the last decade, this strategy outperformed the market by a lofty 370.2%.
But the allure of ProPicks doesn't stop at mid-cap stocks. Our platform offers a total of six distinct strategies, each ensuring you benefit from returns that consistently outpace the market.
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