Tech Titans strategy soars 13% in December as ProPicks crushes the S&P 500 again
In December, the stock market behaved much like it did throughout 2023. Despite the overall positive outlook, only a few selected companies outperformed the S&P 500 by a wide margin, while most others fell behind big time.
This goes to show that, even in good times, things can go either really well or not-so-great, depending on the companies you choose to park your money in.
Some folks hit it big, while others end up with less-than-impressive returns because they didn't know what to buy or what to sell.
Here's where it gets interesting: Our best-in-breed AI-powered stock-picking tool, ProPicks, has what it takes to set up your portfolio for a game-changing performance in 2024, so you won't miss out on those big-time wins anymore.
For example, ProPicks users who were advised to buy Photronics (NASDAQ:PLAB) at the beginning of November are now sitting on a 75% gain on the stock alone.
In fact, Photronics stock is only one stock in our Tech Titans strategy, which beat the S&P 500 by an astonishing 1,146% over the last decade.
Source: ProPicks
And how do we do it?
Simple. Our AI model meticulously analyzes historical financial data to categorize and rate all stocks in the market based on the likelihood they will rise or drop in the near future.
By spotting market winners before they get too expensive, we provide our users with a significant edge over the market.
*Click here for further info on how the strategies work and how our cutting-edge AI model manages to keep beating the market.
Still skeptical?
Let's dive into more real-world results for further proof-of-returns.
For the second month running live since its debut, all five of our strategies which undergo monthly rebalancing have solidly outperformed their benchmark indexes.
This amplifies the yearly and compounded 10-year performance of the strategies against the benchmarks, creating an even more significant landslide in favor of ProPicks, as seen in the list below:
Beat the S&P 500: December - 7.3%; FY23 - 47.8%; 10Y - 979.3% Dominate the Dow: December - 5.2%; FY23 - 28.1%; 10Y - 617.3% Tech Titans: December - 13.3%; FY23 - 28.9%; 10Y - 1,381% Top Value Stocks: December - 5.9%; FY23 - 54.7%; 10Y - 867.5% Mid-Cap Movers: December - 8.6%; FY23 - 40.3%; 10Y - 647.3%
Now let's have a deeper look at our Tech Titans strategy that has beaten the S&P 500 by nearly 10% in December alone.
* Btw, we are running an exclusive New Year Promo for a limited time only. Join now for up to 50% off by clicking on the banner below!
Readers of this article can enjoy an exclusive 10% discount on our yearly plan with the code PPDEC1 and a similar 10% discount on the by-yearly Pro+ plan by using the coupon code PPDEC2 at checkout.
Tech Titans Yields 13.3% in December, Extending Edge Over S&P 500 to 1,146%
Seeking out the top players in the tech world is like uncovering the key to success, especially as everyone anticipates the Fed potentially lowering interest rates as early as this quarter.
With the market looking favorably towards tech stocks again, beating the NASDAQ Composite hasn’t been an easy task.
However, positioned only on the top stocks of its class, our Tech Titans strategy yielded a hefty 13.3% in December alone.
With this performance, the strategy has now beaten the S&P 500 by over four digits during the past decade, or an impressive 1,146.6%, as seen in the chart below:
ProPicks users that had followed the strategy at the beginning of December would be now sitting on impressive gains in several stocks, including:
Photronics (NASDAQ:PLAB): 48.5% in December MicroStrategy (NASDAQ:MSTR): +26.7% in December
InvestingPro users can already access the full strategy - along with the other five ProPicks strategies - on our ProPicks gallery page.
* Btw, we are running an exclusive New Year Promo for a limited time only. Join now for up to 50% off by clicking on the banner below!
Readers of this article can enjoy an exclusive 10% discount on our yearly plan with the code PPDEC1 and a similar 10% discount on the by-yearly Pro+ plan by using the coupon code PPDEC2 at checkout.
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