The first quarter of 2024 has been the best for the S&P 500’s performance since 2019, up 9.9% since January. And InvestingPro users have outperformed the market with several stocks selected by the professional tool. How? With ProPicks strategies, based on Artificial Intelligence models.
Earlier this year, 3 companies selected by InvestingPro’s AI models gained up to 255% in the first quarter.
- Super Micro Computer (NASDAQ:SMCI): +255%.
- MicroStrategy Incorporated (NASDAQ:MSTR): +169%.
- Williams-Sonoma (NYSE:WSM): +57%.
Now, we show 6 other companies that have outperformed the S&P 500.
InvestingPro’s AI selected these stocks before or during the first quarter of 2024, and the statistics above represent each stock’s performance over the past quarter. Only InvestingPro subscribers know which ones to keep and which ones to remove.
Markets are very volatile, and a positive quarter in a bull market could be a matter of luck. But 10 years of backtesting shows that our ‘Outperform the S&P 500’ strategy has outperformed the actual benchmark by +816.2% since 2013.
And the best part? You don’t need to constantly check the data. ProPicks winning strategies give you simple, actionable information with the potential to generate impressive returns and no need to crunch numbers.
