Up 31% in September, can this discount retailer keep gaining big?

Source Investing

Investing.com—With the market caught between fears of a broader labor market slowdown on the one hand and the impending Fed pivot on the other, September has, so far, brought a little more than the usual seasonal correction.

In the first two weeks of the month, investors witnessed what can only be described as the year's greatest rollercoaster rides to date, with the S&P 500 opening the month with its worst week since March 2023, only to recover those gains with a 4% jump last week.

But while such a backdrop can bring volatility, it can also provide a unique opportunity to play the market's swing action to buy new, cheaper winners.

Such is the case for discount retailer Five Below (NASDAQ:FIVE), up an astonishing 31% so far this month. The stock has been on a steady uptrend after posting better-than-expected sales and revenue growth at the end of August and receiving a flurry of analyst updates.

Moreover, it has also benefited from the wider rotation into smaller-capped value plays that should benefits from the Fed's impending rate cut cycle.

But with thousands of names out there, how would you have known enough to buy the multi-month dip in Five stock?

The answer is you don't; you let our state-of-the-art AI do the hard work for you.

Such is the case of our premium users, who, for less than $9 a month, received an updated list of AI-picked stocks for September on the month's first trading day, which included... surprise... Five - among several other buy-the-dip candidates.

In fact, Five is only a small part of what ProPicks has to offer - a one-hundredth part if you will. The real strength of our is the consistency of its picks, which brings our users several winning names on a monthly basis.

Now, as the Fed prepares for the first rate cut of its cycle later this month, it might be time to stop guessing and check out our AI's top high-value picks for just under $9 a month here.

Already a Pro user? Then, jump straight to the updates via this link.

But how does our AI do it so consistently?

Unlike other models, our AI identifies undervalued names before they become too expensive.

Instead of relying solely on momentum models, our approach integrates decades of comprehensive stock market fundamental and technical analysis of a multitude of data sets.

The results speak for themselves.

  • Tech Titans: +73.40%
  • S&P 500: +33.28%

This is no backtest; it's real-world performance, unfolded in real time to our users' benefit.

That's why savvy investors looking to beat the market are following our AI's monthly updates, keeping up-to-date with the best stocks to buy and sell for each month.

In fact, our backtest suggests that going for the long run will give you even heftier gains. See chart below for reference: 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.

Will you risk going another month without the super-human power of AI data processing?

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

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
EURUSD Long-term Forecast: Can ECB Hawks Overcome the Dollar Bullishness? As one of the most traded currency pair in the forex markets, the price of EURUSD affects many traders. Check out our EURUSD long-term forecast for more information.
Author  Mitrade
Mar 13, 2023
As one of the most traded currency pair in the forex markets, the price of EURUSD affects many traders. Check out our EURUSD long-term forecast for more information.
placeholder
Copper Long-term forecast: Will Copper Price Expected To Soar In 2023?The price of copper is affected by various of factors. You may wonder how the price of cooper will be in 2023, check out our forecast analysis.
Author  Mitrade
Mar 13, 2023
The price of copper is affected by various of factors. You may wonder how the price of cooper will be in 2023, check out our forecast analysis.
placeholder
Understanding the first crypto market crash of 2024 and what to expect nextThe 365-day MVRV ratio suggests that this crash may be just the beginning. If the ETF is rejected before the second quarter of 2024, it could trigger a sharp correction.
Author  FXStreet
Jan 04, Thu
The 365-day MVRV ratio suggests that this crash may be just the beginning. If the ETF is rejected before the second quarter of 2024, it could trigger a sharp correction.
placeholder
Japanese Yen stands tall near one-month top against USD on hawkish BoJ talksThe Japanese Yen (JPY) rallied to the highest level since early February against its American counterpart on Friday amid bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
Author  FXStreet
Mar 11, Mon
The Japanese Yen (JPY) rallied to the highest level since early February against its American counterpart on Friday amid bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
goTop
quote