Welcome to Extreme Investor Network, where we bring you cutting-edge insights and analysis on the latest trends in the world of investing. Today, we’re diving into the exciting world of AI-based stock picking and uncovering some bullish predictions for the next month.
One AI-based model that is making waves in the investment community is IFi AI, a firm that leverages IBM’s Watsonx to make projections about the short-term directions of stocks. This cloud-based commercial AI platform uses a combination of fundamental data, technical patterns, and news to identify potential investment opportunities.
IFi AI recently scored a major win when it accurately predicted a significant upside for Marathon Oil, which soon after announced a deal to be acquired by ConocoPhillips at a healthy premium. Now, the program has identified several tech names and consumer brands with high upside potential in its top confidence category.
One standout pick is Marathon Digital, a bitcoin miner that IFi AI believes has nearly 40% upside potential in the next 30 days. Despite being down about 1% month to date, the program sees strong growth potential for this company.
Another compelling pick is Carvana, a used car seller whose shares have more than doubled this year. With a stable financial outlook and strong momentum, Carvana is positioned for continued growth according to IFi AI.
PVH, an apparel and fashion company, also caught the attention of IFi AI after releasing its latest earnings report. The program sees 25% upside potential for PVH, despite a projected revenue decline for the year.
Meta Platforms, the parent company of a popular social media platform, is another top pick with significant upside potential. Trading below its highs from April, IFi AI believes Meta Platforms could reach a new all-time high in the coming weeks.
Lastly, Celsius Holdings, an energy drink company, rounds out the list as a rebound play with strong growth potential. Despite recent slumps in the stock price, IFi AI sees promising upside for this company.
At Extreme Investor Network, we’re committed to bringing you unique and valuable insights that can help you make informed decisions in the world of investing. Stay tuned for more updates and analysis on the latest investment trends.