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AI Model Predicts Significant Growth for Carvana and Meta Platforms in the Coming Month

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An AI-based model for stock picking by iFi AI is bullish on several tech names and consumer brands for the next month. The investment firm uses IBM’s Watsonx to make projections about the short-term directions of stocks. The program uses fundamental data, technical patterns, and news as inputs. Last month, the program predicted a big upside for Marathon Oil, which soon after struck a deal to be acquired by ConocoPhillips. The stocks with the highest upside for the next 30 days in iFi’s top confidence category, with a market cap of at least $2 billion, include Marathon Digital, Carvana, PVH, Meta Platforms, and Celsius Holdings.

Marathon Digital, a bitcoin miner, is a holdover pick from less than two weeks ago. Despite shares being down about 1% month to date, iFi still sees upside of nearly 40%. Carvana, a used car seller, has more than doubled its shares this year and appears to be more of a momentum play. PVH, an apparel and fashion company, recently released its first-quarter report, stating that it sees revenue falling 6% to 7% this year but raised its earnings forecast. IFi AI sees 25% upside for the stock.

Meta Platforms, the biggest company on the list, is already up nearly 40% this year but is trading below its highs from April. The upside projected by iFi AI would give the stock a new all-time high. Celsius Holdings, an energy drink stock, has fallen sharply in recent weeks but is still up more than 20% for the year. CNBC senior analyst and commentator Ron Insana is the CEO of iFi AI, which launched in March. Invest in these tech names and consumer brands for potential gains in the next month based on the AI-based model’s projections.

In conclusion, iFi AI’s AI-based model for stock picking is bullish on several tech names and consumer brands for the next month. The program uses IBM’s Watsonx to make projections using fundamental data, technical patterns, and news as its inputs. Last month, the program correctly predicted a big upside for Marathon Oil. The top stocks for the next 30 days in iFi’s confidence category with a market cap of at least $2 billion include Marathon Digital, Carvana, PVH, Meta Platforms, and Celsius Holdings. Invest in these stocks based on the AI-based model’s projections for potential gains in the short term.

Overall, the AI-based model for stock picking by iFi AI is bullish on several tech names and consumer brands for the next month. The investment firm uses IBM’s Watsonx to make projections about the short-term directions of stocks. The program uses fundamental data, technical patterns, and news as inputs. Last month, the program predicted a big upside for Marathon Oil which soon after struck a deal to be acquired by ConocoPhillips. The stocks with the highest upside for the next 30 days in iFi’s top confidence category, with a market cap of at least $2 billion, include Marathon Digital, Carvana, PVH, Meta Platforms, and Celsius Holdings. Invest in these stocks for potential gains based on the AI-based model’s projections.

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