Not just Nvidia: These lesser-known names are also up 5%+ on AI optimism

Investing.com -- As the market pays sole attention to Nvidia’s (NASDAQ:NVDA) bombastic earnings beat, several other names are seizing the moment to soar higher under the radar of most investors.

Pushed by renewed AI optimism, these stocks could have even further room for growth when compared to the AI giant, as they present lower valuation multiples.

Those are some names our premium members received for under $10 a month at the beginning of May. As of this morning, these AI-picked, under-the-radar stocks are soaring in premarket trading on the Nvidia-led optimism:

• VF Corporation (NYSE:VFC): +4.70% in premarket
• Marvell Technology Inc (NASDAQ:MRVL): +5.99% in premarket
• Rogers Corporation (NYSE:ROG): +4.70% in premarket

That’s not all. These stocks are among several others that could be considered under-the-radar gems. They have been rallying since the beginning of the month and are now sitting on handsome gains, such as:

• Microchip Technology (NASDAQ:MCHP): 25.93% (up 3% premarket)
• Walt Disney Company (NYSE:DIS): 22.81%
• MKS Instruments (NASDAQ:MKSI): 19.38%
• Zebra Technologies Corporation (NASDAQ:ZBRA): 16.89% (up 3.40% premarket)

These aren’t paper profits or hypotheticals. These are real, live trades from ProPicks AI’s May rebalancing update - beating the S&P 500’s gain of 5.71% for this month by a hefty margin.

Subscribe here and jump straight to the list of picks now, with the June rebalancing update due in just 3 days.

Already an InvestingPro member? Then click here to see the list.

And the gains don’t stop there. Here are some of ProPicks AI’s composed global strategies, beating their benchmarks by a wide margin:

• Germany Industrial Champions: Outperforming benchmark by +19.17% YTD
• TASI Superstars (Saudi Arabia): Beating the benchmark by +12.90% YTD
• Italian Growth Stars: Beating the benchmark by +13.27% YTD
• Korean Market Leaders: Beating the benchmark by +7% YTD

How does ProPicks AI work?

At the start of each month, our AI refreshes each strategy with up to 20 stock picks. These selections are based on a blend of more than 150 well-established financial models.

Some stocks are added, others stay on, and a few are dropped, reflecting how the AI evaluates their medium-term growth potential.

Performance is then tracked using equal weighting across all the stocks in the strategy. You don’t have to mirror that weighting exactly, but it gives a clear picture of how effective the model is at identifying opportunity across the board.

At the end of the day, stock picking is still a game of probabilities. But the key isn’t just finding winners—it’s knowing when to move on from the ones that no longer stack up.

Since launch, the model has done just that—delivering more than a few standout success stories along the way.

In fact, our backtests suggest that investors who follow the strategies over the long run will get even better results. See below:

Source: ProPicks

This means a $100K principal in our strategy would have turned into an eye-popping $2,168,000 by now.

And with the next monthly update for June due in 3 days, now would be the perfect time to subscribe to InvestingPro and give yourself the upper hand before it’s too late.