This stock is up 56% so far this month and could keep on rising

Investing.com  |  Author Thomas Monteiro

Published May 06, 2024 05:32

Updated May 09, 2024 06:54

Investing.com — Missing out on a stock's 56% jump is certainly one of the greatest pains an investor can endure. Even worse so when you realize that, for only $9 a month , you could have bought it - as well as many other winners that our predictive AI included to its market-beating strategies ahead of time.

Added to our Tech Titans strategy in March, Perficient (NASDAQ:PRFT) is soaring an eye-popping 56% this month after beating revenue estimates last evening and announcing it's being acquired by BPEA Private Equity Fund VIII (ST:EQTAB) for $76 a share in cash.

The price represents a 58% premium to the stock's closing price on Friday and 75% to the stock's closing price on April 29th, the last trading day unaffected by merger rumors. Given the disparity between the actual trading price and the premium offered by EQT Asia, the stock could have further room to run.

Perficient's meteoric gain adds to the fantastic list of winners you could have brought home by just subscribing to ProPicks for less than $9 dollars a month using this link .

In fact, had you followed our May update of buys and sells, you would have notched incredible gains in several stocks only on the first six days of the month!

Unbelievable, right? But just to name a few:

  • Perficient: Up 56% since the beginning of the month
  • Wayfair (NYSE:W): Up 38% since the beginning of the month
  • Louisiana-Pacific Corporation (NYSE:LPX): Up 20.4% since the beginning of the month.
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And this adds to our much more extensive list of winners in all other months of the year - as regular readers have been following on a daily basis.

But how does our AI keep on picking winners?

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 stock picks stocks before they become too expensive, thus not just following a "momentum" model.

In fact, this exact methodology has led our flagship Tech Titans strategy to garnish an eye-popping 1,779% return in our backtest over the last decade.

the next winner; subscribe now for less than $9 a month, and never miss another bull market again by not knowing which stocks to buy !