Still betting on Nvidia? Our AI picked this stock instead; it’s up 96%+ THIS MONTH

Investing.com -- Finding winners before they rally is arguably the biggest challenge for stock market investors—right up there with knowing when to sell.

That’s why many just stick with the same winning names regardless of whether they have become overvalued or continue to offer further growth potential.

Last evening, while many were disappointed to find that NVIDIA’s (NASDAQ:NVDA) Q226 earnings weren’t as bombastic as expected, InvestingPro members (who subscribed for less than $10 a month) were banking a massive +96.02% MTD gain on another, lesser-known tech name: ViaSat (NASDAQ:VSAT)—picked by our AI-powered stock picker at the beginning of August.

Not only that, but they were also profiting from several other big-time winners this month, such as:

• Sapiens (taken private mid-moth): +60.49% in August ALONE.
• Unitedhealth Group (NYSE:UNH): +27.80% in August ALONE.
• DRDGOLD (NYSE:DRD): +30.28% in August ALONE.
• Clear Secure Inc (NYSE:YOU): +26.73% in August ALONE.

Among several other double-digit winners... In fact, an eye-popping 84% of the AI’s US picks for August are in the green, with a crazy 35% rallying in the double digits.

As for Nvidia?

Our AI held it from launch in November 2023 all the way to December 2024, notching our premium members a massive +226% gain during that period. It then dropped the AI powerhouse and hasn’t added it to list since.

The reason for that? Based on 150+ investor-grade models, it evaluated that there were other stocks presenting a more compelling buying opportunity.

This is the secret that pushed the performance of our AI-picked list of tech stocks to a massive +129.67% since launch in November 2023, a +90.88% outperformance over the S&P 500 during the same period: it constantly monitors all stocks in the market for the best opportunities.

*These are not backtested or fictional results. They’re real-world results since the AI agent went live in November 2023.

But if you missed these crazy results in August, here’s the good news: a fresh list of picks for September is on its way, available exclusively for InvestingPro members on the first of the month.

*Already an InvestingPro member? See the current selection of stock picks here.

Still not a member? Then here’s your chance to subscribe before the list of picks for September hits the ground.

• App users can subscribe here
• Web users can subscribe here

ProPicks AI doesn’t only offer US stock picks. As a matter of fact, the returns of our non-US selection of picks since their official launch this year is arguably even better. See below:

• 390 stocks recorded an average gain of +7.71%
• This corresponds to a hit rate of 63.41%
• Not only are the winners in the majority, but they also outperform the losers by 78.11%
• 90% of the strategies are in the green.
• 91 stocks show a profit of over 10%—an average of 17.8%.
• The best strategy gained 11.8% in August ALONE.

But why did our AI pick ViaSat in the first place? Check out below its rationale, published on the first of August—i.e., before the 96%+ rally:

Explosive Growth Amid Strategic Transformation

• Our ML engine selected ViaSat Inc. as a strong buy based on exceptional market performance, robust growth metrics, and favorable volatility patterns creating a potential inflection point.
• The stock shows remarkable momentum with 79% 3-month, 71% 6-month, and 93% YTD price returns, while trading at just 0.48x book value.
• Revenue exceeded expectations ($1.15B vs $1.13B forecast) with impressive EBITDA growth of 23% and stronger-than-expected earnings (loss of $0.02 vs expected $0.59 loss).
• Activist investor Carronade Capital (2.6% stake) recently proposed spinning off ViaSat’s Defense unit, potentially valuing the company between $50-$100 per share (current price ~$16).
• The incoming $568M settlement from Ligado Networks in FY2026 provides significant financial flexibility to address debt concerns while supporting continued growth initiatives.

Here’s how the AI stock-picking technology works

At the start of each month, our AI refreshes each strategy with up to 20 stock picks. These selections are based on a blend of more than 150 well-established financial models compiled by our machine learning model on over 15 years of financial data worldwide.

Some stocks are added, others retained, and a few are removed, reflecting how the model reassesses each company’s medium-term growth potential.

To track performance, each strategy uses equal weighting across all selected stocks. While you’re not required to follow that weighting exactly, it offers a consistent benchmark to evaluate how well the model identifies opportunities across the board.

At the end of the day, stock picking is still a game of probabilities. But the key isn’t just finding winners — it’s knowing when to move on from the ones that no longer stack up.

Since launch, the model has done just that — delivering more than a few standout success stories along the way.

As a matter of fact, our backtest suggests that going the long run is the surest path to long-term wealth generation.

Check out the 12-year outperformance of Tech Titans over the S&P 500 below:


This means a $100K principal in our strategy would have turned into an eye-popping $2,420,100.

Now is the perfect time to subscribe to InvestingPro and get up to 50% off during the summer sale.