Investing.com — In today's ever-evolving financial landscape, the secret to outpacing the market isn't just participation; it's strategic selection. That's where our state-of-the-art AI stock-picking tool, ProPicks, comes in handy.
By selecting companies with favorable growth potential and strong fundamentals, ProPicks provides its users with 70+ market-beating stock picks for just under $9 dollar a month.
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.
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.
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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