Functional Brands closes $8 million private placement and completes Nasdaq listing
Investing.com -- After a volatile end to October, primarily due to a mixed bag of big tech earnings, November kicked off on the right foot - at least for those following our monthly updated list of AI-picked stocks for less than $10 a month.
Among the new list of stock picks for the month ahead - published on the first - as many as FOUR US picks already gained more than 8% in the first market session of the month ALONE, with several other global names doing even better.
See below:
- Canadian Solar (NASDAQ:CSIQ): +9.68% in the FIRST market session of the month
- Kenvue (NYSE:KVUE): +12.32% in the FIRST market session of the month
- Peabody Energy (NYSE:BTU): +9.19% in the FIRST market session of the month
- Perfect Corp (NYSE:PERF): +8.29% in the FIRST market session of the month
Not only that, but the composed list of US tech picks is now beating the benchmark S&P 500 by a massive 20.58% year to date; 118.52% since launch in November 2023.
Already a member? Jump straight to full list of picks for November HERE.
Still not a member? Then here’s your chance to get the list of picks for a special discount:
Globally, results are arguably even better for the first day of trading of November ALONE. See below:
- Wagners Holding Company (ASX:WGN) (Australia): +15.19%
- SK Bioscience Co (KS:302440) (South Korea): +18.54%
- Verusa Holding (IS:VERUS) (Turkey): +14.13%
- Balaji Telefilms Ltd (NSE:BLTE) (India): +10.97%
- Alps Electric (OTC:APELY) (TYO:6770) (Japan): +8.84%
- Ari Real Estate Arena Investment (TASE:ARIN) (Israel): +8.78%
But Why Did the AI Choose These Names in the First Place?
One of the coolest features of our AI model is that it not only selects stocks but also explains to InvestingPro members why it made those choices, helping users with their decision-making process.
Below are the rationales for picking some of our biggest winners so far this month:
Kenvue (up +12.32% in the first session of the month):
- Kenvue was selected by our ML engine primarily for its compelling valuation metrics, with a P/E ratio of 14.7 and an attractive PEG ratio of 0.68, indicating the stock is undervalued relative to its growth potential.
- The company offers an impressive 5.8% dividend yield while trading at just 57% of its 52-week high, creating a potential entry point with significant upside to both analyst targets ($19) and InvestingPro Fair Value ($18.22).
- Despite recent headwinds, Kenvue maintains strong market positions with its portfolio of iconic brands (Tylenol, Neutrogena, Listerine) and impressive gross profit margins of 58.15%.
- New leadership is actively implementing strategic initiatives to improve operations, with opportunities for global expansion of key brands that could drive future growth and unlock shareholder value.
Canadian Solar (up +9.68% in the first session of the month):
- Our ML engine identified Canadian Solar (CSIQ) as a compelling buy opportunity based on exceptional market performance, robust growth initiatives, and attractive valuation metrics.
- The stock shows remarkable momentum with 55% 3-month and 86% 6-month returns, currently trading at 100% of its 52-week high while maintaining a Price/Book ratio of just 0.41.
- CSIQ’s e-STORAGE segment is thriving with a $3 billion contracted backlog and recent completion of a 220 MWh battery project in Australia, demonstrating the company’s successful diversification beyond traditional solar manufacturing.
- Strategic investments in US manufacturing ($250 million Texas facility and $712 million Kentucky battery plant) position the company to capitalize on domestic renewable energy demand while mitigating tariff risks.
- Despite industry headwinds, CSIQ’s 3.6% quarterly revenue growth and 4.7% EBITDA growth highlight its operational resilience and execution capabilities.
Similarly, the AI published its rationale for every stock it decides to either add to or remove from the portfolio. Amazing, right?
InvestingPro members can jump straight to the FRESH list of picks - and their rationales - HERE.
Still not a member? Then here’s your chance to get the full list of picks with a special discount now.
But how does the AI stock picker actually work?
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.
Disclaimer: Prices mentioned in articles are accurate at the time of publication. We regularly test different offers for our members, which may vary by region.
