Home / News / Stock market / This stock is up 53% premarket today and could keep on rising

Stock market

This stock is up 53% premarket today and could keep on rising

Investing | Mon, May 06 2024 07:32 PM AEST

stock

Image Source:

Investing.com — Missing out on a stock's 53% premarket 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 53% in premarket trading today 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.

Perfecient'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:

  • Perfecient: Up 55% since the beginning of the month
  • Wayfair (NYSE:W): Up 27% since the beginning of the month
  • United Therapeutics Corporation (NASDAQ:UTHR): Up 12% since the beginning of the month
  • Apple (NASDAQ:AAPL): Up 7% since the beginning of the month

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% over the last decade.

Do not miss out on 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!Tech Titans Vs. Benchmark


Source: ProPicks

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

Now, as earnings season heats up, the question is: Will you keep on guessing or have an insight into the winners?

For less than $9 a month, that decision has never been easier.

Subscribe Now!


Join now and never miss another bull market again!

*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 PROPICKS20242!

This article first appeared in Investing.com

More For You

Stock Market

The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs

Investing | Sat, May 18 2024 07:42 PM AEST

stock

Goldman Sachs (NYSE:GS) has observed a significant shift among the top...

Stock Market

The market is still underestimating the number of cuts this year: Morgan Stanley

Investing | Sat, May 18 2024 06:40 PM AEST

stock

Morgan Stanley (NYSE:MS) economists offered insights into recent econo...

Stock Market

Thoma Bravo exploring a sale of its stake in edtech firm Instructure

Investing | Sat, May 18 2024 06:32 PM AEST

stock

Private equity firm Thoma Bravo initiated steps to potentially sell In...