InvestingPro AI Strategies Outperform US Indices, Tech Stars Shine Bright
On Thursday, the US indices saw gains across the board, with the rising by 0.84%, the climbing by 0.50%, and the managing to rise by 0.15%. However, the InvestingPro ProPicks AI strategies were able to extract much more from the market, outperforming the benchmark indices by a wide margin.
The Tech Stars strategy gained 1.53%, the Dow Detectives 0.80%, and Value Vault 1.45%, showcasing impressive performance. Among the 15 stocks included in the Tech Stars strategy, only five recorded losses on Thursday, with Super Micro Computer, Marathon Digital, and Extreme Networks Inc being the biggest losers.
The top gainer among the Tech Stars was Applovin Corp, with an increase of 14.44%. Since March, the stock has risen by 39.45%, showing strong growth potential. Ringcentral Inc, a newcomer in May, has also performed exceptionally well, with a return of 17.84% within a few days.
Applovin’s strong quarterly results released on May 8th have propelled the stock further, with analysts giving positive recommendations and target prices. Ringcentral has also received a Buy recommendation from Deutsche Bank, further boosting its potential for growth.
InvestingPro’s AI strategies have consistently delivered outstanding performance since 2013, with impressive returns for investors. With tools like the Screener and Trading Ideas, subscribers can search for promising stocks and stay updated on market trends.
InvestingPro offers a comprehensive package for serious investors looking to multiply their money and beat the market effortlessly. By using the discount code “ProTrader,” investors can secure an additional 10% discount on subscription packages, making it an attractive opportunity for those looking to enhance their investment strategies.
