Up 14% premarket, this value play is set to keep rallying on fantastic earnings
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.
And if that's not enough, PayPal Holdings (NASDAQ:PYPL) - also part of our AI's list for July - has just reported fantastic earnings and is up 8.6% as of this writing. Given the stock's better-than-expected outlook on both top-and bottom-lines, it is likely to keep the streak going into the sixth consecutive day just by itself.
But don't think we're nearly done...
With several other stocks from our July list gearing up to report today after the close, and later this week, 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. Source: ProPicks
This means a $100K principal in our strategy would have turned into an eye-popping $1,879,800K by now.
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