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These Q2 earnings season winners are crushing the market

Published 26/07/2024, 13:00
© Reuters.
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Investing.com — Just as our premium users struck gold with our AI's pick on Molina Healthcare (NYSE:MOH), which rallied 12.5% following a strong report on Wednesday after the close, two more of its picks for July jumped higher on similar earnings beats.

After smashing both top-and bottom-line estimates, Pool Corporation (NASDAQ:POOL) and Darling Ingredients (NYSE:DAR), gained big time during yesterday's session. As a result, our premium users, who subscribed for less than $8 a month, ranked a chunky 10% and 7%, respectively, on the two stocks alone.

This adds to the numerous winners picked by our AI just over the last week. Just to name a few:

  • MANH: +10.5% after reporting earnings.
  • ENPH: +12.8% after reporting earnings.
  • MOH: +12.5% after reporting earnings.

Among several others...

While the broader market gave back a good part of its year-to-date gains on the broader sector rotation, investors positioned in the right, undervalued stock have managed to score hefty profits.

But with thousands of potential stocks to choose from, how do you know where to focus your attention so you can spot opportunities before the market reacts?

The short answer is: you don’t.

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While nothing can substitute doing your own due diligence, ProPicks AI shines when it comes to highlighting top-positioned stocks with fundamental modeling.

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: +78.28%
  • S&P 500: 27.40%

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?

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