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Up 14% premarket, this value play is set to keep rallying on fantastic earnings

Jul 30, 2024 12:32 PM

Investing.com — While the market stays wholly focused on this week's upcoming big tech earnings reports, savvy investors who positioned themselves in the right, lesser-known value plays are making big bucks.

Such is the case of our premium users, who, for less than $8 a month, received a list of top-value plays for the month and are now garnishing fat profits on several names.

Today, the star of the list is F5 Networks (NASDAQ:FFIV) stock, up 14% in premarket trading after smashing earnings estimates last evening on strong software and global services offering growth.

The current trend indicates that the stock has further room to rally from here, particularly as the sell-side reprices the stocks in light of the recently released financial report.

This adds to the incredible streak of lesser-known, top-value winners picked by our AI this Q2 season. In fact, since Tuesday last week, our AI has nailed at least one double-digit gainer in EVERY SINGLE MARKET SESSION. To wit:

  • (Tuesday) - Manhattan Associates (NASDAQ:MANH): +10.96% after reporting.
  • (Wednesday) - Molina Healthcare (NYSE:MOH): +12.6% after reporting.
  • (Thursday) - Pool Corporation (NASDAQ:POOL): +13.64% after reporting.
  • (Friday) - Charter Communications (NASDAQ:CHTR): +16.6% after reporting.
  • (Monday) - F5 Networks: +14% (so far) after reporting.

With several other stocks from our July list gearing up to report today after the close, now is the time to get an insight into the winners. Subscribe here for less than $8 a month using this link and start outperforming today!

But how do we do it?

Simple; by compiling the history of the stock market in data, ProPicks' state-of-the-art AI models update you with the best stock selection in the market at the start of every month.

Differently from everything else out there, our AI-powered model picks stocks before they become too expensive, thus not just following a "momentum" indicator.

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: +79.15%
  • S&P 500: 28.92%

This is not a backtest; this is real-world performance, unfolded in real time to our users. 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. BenchmarkSource: ProPicks

This means a $100K principal in our strategy would have turned into an eye-popping $1,879,800K by now.

So, will you keep on guessing or have an insight into the winners?

Take advantage of our exclusive summer sale and get an insight into the winners now for less than $8 a month! Subscribe Now for Up to 50% Off!

*And since you made it all the way to the bottom of this article, we'll give you a special 10% extra discount on all our plans with the coupon code PROPICKS2024!

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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