MarketMasterAI’s Top 500 Stocks: April 2024

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Top stocks - MarketMasterAI’s Top 500 Stocks: April 2024

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In January, I published MarketMasterAI’s top 500 stocks to buy for the first half of 2024. The AI-powered system ranked the largest American firms by market capitalization and chose what it believed to be the best investments for the next six months.

The first three months have been admittedly mixed. A-grade companies have performed splendidly, returning 12% since the year began. That’s well ahead of the 7.4% average, and roughly where we would expect to be at this point.

However, a significant pullback in high-quality stocks means that the top A+ stocks have only returned 5.6% over the same period. Wins by firms like Eli Lilly (NYSE:LLY) (up 33%) and Exxon Mobil (NYSE:XOM) (up 22%) were not enough to offset the overall pivot away from high-quality non-tech firms. The cohort is only up half of what we would expect. Meanwhile, a resurgence of junk firms like Coinbase (NASDAQ:COIN) was enough to power F-grade companies to an 11% gain.

The results are far better once you consider companies beyond the top 500 picks. Once we include American companies of all market capitalizations, we begin to see the typical slope of high-grade firms doing better than low-grade ones. (In other words, this quarter’s junk rally has been concentrated only in large-cap stocks).

Chart by Tom Yeung, InvestorPlace.com

But we should still recognize the difficulty that even AI has in anticipating these changes. Investors are still emotional beings, and even the best algorithms can underestimate how much the fear of missing out can drive low-quality firms to stunning heights.

The Top 500 Stocks to Buy This Month

Nevertheless, MarketMasterAI’s long-term performance remains intact. The strong performance of the “All Companies” cohort means that the system’s historical performance has gotten even better than where we started at the beginning of the year.

That’s why I’m excited to give you the updated MarketMasterAI picks for the next six months.

RankTickerCompany NameExpected 6-Month ReturnScore
1ANSSANSYS Inc9.5% A+
2INTUIntuit Inc9.3% A+
3ROPRoper Technologies Inc9.2% A+
4TYLTyler Technologies Inc9.1% A+
5HEIHEICO Corp9.0% A+
6ADIAnalog Devices Inc8.7% A+
7REGNRegeneron Pharmaceuticals Inc8.7% A+
8HEI-AHEICO Corp8.6% A+
9EAElectronic Arts Inc8.6% A+
10ADSKAutodesk Inc8.6% A+
11VRTXVertex Pharmaceuticals Inc8.5% A+
12CDNSCadence Design Systems Inc8.5% A+
13NBIXNeurocrine Biosciences Inc8.4% A+
14CHDChurch & Dwight Co Inc8.4% A+
15SPGIS&P Global Inc8.4% A+
16TDYTeledyne Technologies Inc8.4% A+
17BMRNBiomarin Pharmaceutical Inc8.3% A+
18DHRDanaher Corp8.3% A+
19MCOMoody’s Corp8.3% A+
20SNPSSynopsys Inc8.3% A+
21JKHYJack Henry & Associates Inc8.3% A+
22PGProcter & Gamble Co8.2% A+
23PAYXPaychex Inc8.2% A+
24IDXXIDEXX Laboratories Inc8.2% A+
25TMOThermo Fisher Scientific Inc8.1% A+
26ODFLOld Dominion Freight Line Inc8.1% A+
27CBOECboe Global Markets Inc8.1% A+
28ROLRollins Inc8.0% A+
29WSTWest Pharmaceutical Services Inc8.0% A+
30FDSFactset Research Systems Inc8.0% A+
31VVisa Inc8.0% A+
32JBHTJ B Hunt Transport Services Inc8.0% A+
33TERTeradyne Inc8.0% A+
34WDAYWorkday Inc7.9% A+
35TWTradeweb Markets Inc7.9% A+
36KOCoca-Cola Co7.9% A+
37ADPAutomatic Data Processing Inc7.9% A+
38PPGPPG Industries Inc7.9% A+
39ITWIllinois Tool Works Inc7.8% A+
40WATWaters Corp7.8% A+
41NOWServiceNow Inc7.8% A+
42KEYSKeysight Technologies Inc7.7% A+
43MSFTMicrosoft Corp7.7% A+
44AAgilent Technologies Inc7.7% A+
45TMUST-Mobile US Inc7.7% A+
46MMCMarsh & McLennan Companies Inc7.7% A+
47EPAMEpam Systems Inc7.7% A+
48MAMastercard Inc7.6% A+
49ABTAbbott Laboratories7.6% A+
50BSYBentley Systems Inc7.6% A+
51HONHoneywell International Inc7.6% A+
52MANHManhattan Associates Inc7.5% A+
53ITGartner Inc7.5% A+
54BLKBlackRock Inc7.5% A+
55UNPUnion Pacific Corp7.5% A+
56BRBroadridge Financial Solutions Inc7.5% A+
57ZTSZoetis Inc7.5% A+
58AAPLApple Inc7.5% A+
59MNSTMonster Beverage Corp7.5% A+
60VEEVVeeva Systems Inc7.5% A+
61IEXIDEX Corp7.4% A+
62TJXTJX Companies Inc7.3% A+
63MCHPMicrochip Technology Inc7.3% A+
64GOOGLAlphabet Inc7.3% A+
65NDSNNordson Corp7.3% A+
66GOOGAlphabet Inc7.3% A+
67ROSTRoss Stores Inc7.3% A+
68MOHMolina Healthcare Inc7.3% A+
69PTCPTC Inc7.3% A+
70GGGGraco Inc7.2% A+
71HESHess Corp7.2% A+
72EFXEquifax Inc7.1% A+
73SYKStryker Corp7.1% A+
74VRSKVerisk Analytics Inc7.1% A+
75LHXL3Harris Technologies Inc7.0% A+
76AMEAMETEK Inc7.0% A+
77TXNTexas Instruments Inc6.9% A+
78SWKSSkyworks Solutions Inc6.9% A+
79ABBVAbbVie Inc6.8% A+
80POOLPool Corp6.7% A+
81AOSA O Smith Corp6.7% A+
82ICEIntercontinental Exchange Inc6.7% A+
83AVYAvery Dennison Corp6.7% A+
84MPWRMonolithic Power Systems Inc6.7% A+
85BXBlackstone Inc6.6% A+
86CTSHCognizant Technology Solutions Corp6.6% A+
87GPNGlobal Payments Inc6.6% A+
88CRMSalesforce Inc6.6% A+
89ACNAccenture PLC6.5% A+
90SSNCSS&C Technologies Holdings Inc6.5% A+
91FASTFastenal Co6.5% A+
92ISRGIntuitive Surgical Inc6.5% A+
93RPMRPM International Inc6.5% A+
94DDOGDatadog Inc6.5% A+
95LSXMKLiberty Media Corp6.4% A+
96ZMZoom Video Communications Inc6.4% A+
97NDAQNasdaq Inc6.4% A+
98ALLEAllegion PLC6.3% A+
99LPLALPL Financial Holdings Inc6.3% A+
100DXCMDexcom Inc6.3% A+
101ZBHZimmer Biomet Holdings Inc6.3% A+
102HOLXHologic Inc6.3% A+
103BURLBurlington Stores Inc6.3% A+
104AKAMAkamai Technologies Inc6.3% A+
105LHLaboratory Corporation of America Holdings6.2% A+
106BSXBoston Scientific Corp6.2% A+
107ANETArista Networks Inc6.2% A+
108DOCUDocuSign Inc6.2% A+
109NSCNorfolk Southern Corp6.2% A+
110EXPEExpedia Group Inc6.1% A+
111WTWWillis Towers Watson PLC6.1% A+
112ULTAUlta Beauty Inc6.1% A+
113COSTCostco Wholesale Corp6.0% A+
114EWEdwards Lifesciences Corp6.0% A+
115SHWSherwin-Williams Co6.0% A+
116CSXCSX Corp6.0% A+
117AVTRAvantor Inc6.0% A+
118FTVFortive Corp5.9% A+
119TSCOTractor Supply Co5.9% A+
120HSTHost Hotels & Resorts Inc5.9% A+
121WMTWalmart Inc5.8% A+
122XYLXylem Inc5.8% A+
123CDWCDW Corp5.8% A+
124WMWaste Management Inc5.7% A+
125IQVIQVIA Holdings Inc5.7% A+
126SYYSysco Corp5.7% A+
127CARRCarrier Global Corp5.7% A+
128ECLEcolab Inc5.5% A+
129UHALU-Haul Holding Co6.0% A
130PATHUiPath Inc6.0% A
131GENGen Digital Inc5.9% A
132UHAL-BU-Haul Holding Co5.9% A
133NVRNVR Inc5.8% A
134ABNBAirbnb Inc5.8% A
135INTCIntel Corp5.8% A
136LSXMALiberty Media Corp5.6% A
137GWWWW Grainger Inc5.6% A
138LECOLincoln Electric Holdings Inc5.6% A
139DOVDover Corp5.5% A
140SQBlock Inc5.4% A
141CLColgate-Palmolive Co5.4% A
142JNPRJuniper Networks Inc5.4% A
143IBMInternational Business Machines Corp5.4% A
144KLACKLA Corp5.4% A
145LIILennox International Inc5.4% A
146BROBrown & Brown Inc5.4% A
147BRK-BBerkshire Hathaway Inc5.3% A
148SPGSimon Property Group Inc5.2% A
149SNASnap-On Inc5.2% A
150DECKDeckers Outdoor Corp5.2% A
151JJacobs Solutions Inc5.2% A
152AXONAxon Enterprise Inc5.2% A
153CNCCentene Corp5.1% A
154RMDResmed Inc5.1% A
155CRLCharles River Laboratories International Inc5.0% A
156NWSNews Corp5.0% A
157DHIDR Horton Inc4.9% A
158GEHCGE Healthcare Technologies Inc4.9% A
159GRMNGarmin Ltd4.8% A
160NWSANews Corp4.8% A
161AMDAdvanced Micro Devices Inc4.7% A
162USFDUS Foods Holding Corp4.6% A
163ELEstee Lauder Companies Inc4.1% A
164NOCNorthrop Grumman Corp8.0% B
165FWONKLiberty Media Corp7.7% B
166PEPPepsiCo Inc7.6% B
167STESTERIS plc7.5% B
168FWONALiberty Media Corp7.5% B
169PSAPublic Storage7.5% B
170KDPKeurig Dr Pepper Inc7.4% B
171SRESempra7.4% B
172MDLZMondelez International Inc7.4% B
173ESSEssex Property Trust Inc7.3% B
174PLDPrologis Inc7.3% B
175EXRExtra Space Storage Inc7.2% B
176ELSEquity LifeStyle Properties Inc7.2% B
177JNJJohnson & Johnson7.1% B
178AMHAmerican Homes 4 Rent7.0% B
179AJGArthur J Gallagher & Co7.0% B
180WELLWelltower Inc6.9% B
181MRKMerck & Co Inc6.9% B
182LVSLas Vegas Sands Corp6.8% B
183AMTAmerican Tower Corp6.6% B
184CMSCMS Energy Corp6.6% B
185MDTMedtronic PLC6.5% B
186FLNGFLEX LNG Ltd6.5% B
187DGXQuest Diagnostics Inc6.5% B
188ROKRockwell Automation Inc6.4% B
189CPBCampbell Soup Co6.3% B
190ADBEAdobe Inc6.3% B
191LMTLockheed Martin Corp6.3% B
192CSCOCisco Systems Inc6.3% B
193AEPAmerican Electric Power Company Inc6.2% B
194GLWCorning Inc6.1% B
195EQIXEquinix Inc6.0% B
196PINSPinterest Inc6.0% B
197ATOAtmos Energy Corp6.0% B
198SUISun Communities Inc6.0% B
199PCGPG&E Corp5.8% B
200DRIDarden Restaurants Inc5.8% B
201CMCSAComcast Corp5.7% B
202LULULululemon Athletica Inc5.6% B
203AMGNAmgen Inc5.5% B
204RSGRepublic Services Inc5.4% B
205CLXClorox Co5.4% B
206NKENike Inc5.4% B
207BAHBooz Allen Hamilton Holding Corp5.4% B
208CSGPCoStar Group Inc5.4% B
209HSYHershey Co5.4% B
210OMCOmnicom Group Inc5.4% B
211GPCGenuine Parts Co5.3% B
212ZBRAZebra Technologies Corp5.3% B
213GILDGilead Sciences Inc5.3% B
214AREAlexandria Real Estate Equities Inc5.2% B
215LAMRLamar Advertising Co5.2% B
216DEDeere & Co5.1% B
217PYPLPayPal Holdings Inc5.1% B
218RPRXRoyalty Pharma PLC5.1% B
219BENFranklin Resources Inc5.0% B
220KMBKimberly-Clark Corp5.0% B
221GFSGlobalFoundries Inc4.9% B
222APHAmphenol Corp4.9% B
223INCYIncyte Corp4.9% B
224TRMBTrimble Inc4.8% B
225RVTYRevvity Inc4.8% B
226FIFiserv Inc4.8% B
227WSOWatsco Inc4.8% B
228ALGNAlign Technology Inc4.8% B
229BRKRBruker Corp4.7% B
230GDGeneral Dynamics Corp4.7% B
231DLTRDollar Tree Inc4.7% B
232CBRECBRE Group Inc4.7% B
233QCOMQualcomm Inc4.7% B
234MGMMGM Resorts International4.6% B
235TROWT Rowe Price Group Inc4.6% B
236CVXChevron Corp4.6% B
237AXPAmerican Express Co4.6% B
238PKGPackaging Corp of America4.6% B
239FNDFloor & Decor Holdings Inc4.6% B
240LKQLKQ Corp4.6% B
241BF-BBrown-Forman Corp4.6% B
242HWMHowmet Aerospace Inc4.5% B
243LENLennar Corp4.5% B
244PANWPalo Alto Networks Inc4.5% B
245LRCXLam Research Corp4.5% B
246DTDynatrace Inc4.5% B
247HDHome Depot Inc4.5% B
248TRUTransUnion4.5% B
249NTRSNorthern Trust Corp4.5% B
250BAXBaxter International Inc4.5% B
251JBLJabil Inc4.5% B
252MORNMorningstar Inc4.4% B
253CVSCVS Health Corp4.4% B
254OKTAOkta Inc4.4% B
255IPGInterpublic Group of Companies Inc4.3% B
256ZSZscaler Inc4.3% B
257FLTCorpay Inc4.3% B
258IRIngersoll Rand Inc4.3% B
259AMATApplied Materials Inc4.3% B
260CFCF Industries Holdings Inc4.2% B
261LDOSLeidos Holdings Inc4.2% B
262RKTRocket Companies Inc4.2% B
263LEN-BLennar Corp4.2% B
264NUENucor Corp4.2% B
265CMGChipotle Mexican Grill Inc4.2% B
266ABCCencora Inc4.2% B
267DGDollar General Corp4.2% B
268TGTTarget Corp4.1% B
269ICLRICON PLC4.1% B
270DISWalt Disney Co4.1% B
271BALLBall Corp4.1% B
272CTVACorteva Inc4.1% B
273GSGoldman Sachs Group Inc4.1% B
274TXTTextron Inc4.1% B
275PHMPultegroup Inc4.1% B
276HHyatt Hotels Corp4.0% B
277FOXAFox Corp4.0% B
278TTTrane Technologies PLC3.9% B
279RSReliance Inc3.9% B
280CECelanese Corp3.9% B
281MEDPMedpace Holdings Inc3.8% B
282IBKRInteractive Brokers Group Inc3.8% B
283VTRSViatris Inc3.8% B
284LUVSouthwest Airlines Co3.7% B
285BF-ABrown-Forman Corp3.7% B
286SAIASaia Inc3.7% B
287KMXCarmax Inc3.6% B
288TEAMAtlassian Corp3.6% B
289MSIMotorola Solutions Inc3.5% B
290APTVAptiv PLC3.5% B
291UALUnited Airlines Holdings Inc3.1% B
292ONON Semiconductor Corp3.1% B
293EBAYeBay Inc2.9% B
294UDRUDR Inc7.1% C
295AWKAmerican Water Works Company Inc6.8% C
296WECWEC Energy Group Inc6.8% C
297BDXBecton Dickinson and Co6.7% C
298LNTAlliant Energy Corp6.7% C
299AVBAvalonbay Communities Inc6.5% C
300EQREquity Residential6.5% C
301CMECME Group Inc6.4% C
302VTRVentas Inc6.3% C
303INVHInvitation Homes Inc6.3% C
304MAAMid-America Apartment Communities Inc6.3% C
305KKellanova6.2% C
306APDAir Products and Chemicals Inc6.1% C
307FEFirstEnergy Corp6.0% C
308VICIVICI Properties Inc6.0% C
309SOSouthern Co5.8% C
310GLPIGaming and Leisure Properties Inc5.5% C
311DUKDuke Energy Corp5.5% C
312ORealty Income Corp5.5% C
313AEEAmeren Corp5.4% C
314EDConsolidated Edison Inc5.4% C
315ETREntergy Corp5.1% C
316EIXEdison International5.0% C
317AMCRAmcor PLC5.0% C
318CCICrown Castle Inc4.9% C
319UPSUnited Parcel Service Inc4.9% C
320GISGeneral Mills Inc4.8% C
321ACMAECOM4.7% C
322TTWOTake-Two Interactive Software Inc4.6% C
323NINiSource Inc4.6% C
324WYWeyerhaeuser Co4.5% C
325ARESAres Management Corp4.4% C
326XELXcel Energy Inc4.3% C
327SLBSchlumberger NV4.3% C
328DDominion Energy Inc4.2% C
329KHCKraft Heinz Co4.2% C
330ESEversource Energy4.2% C
331NETCloudflare Inc4.2% C
332BMYBristol-Myers Squibb Co4.2% C
333CRWDCrowdStrike Holdings Inc4.2% C
334RTXRTX Corp4.1% C
335FOXFox Corp4.1% C
336WABWestinghouse Air Brake Technologies Corp4.1% C
337MSMorgan Stanley4.1% C
338NFLXNetflix Inc4.0% C
339AMPAmeriprise Financial Inc3.9% C
340AMZNAmazon.com Inc3.9% C
341TPGTPG Inc3.9% C
342PNRPentair PLC3.9% C
343LLYEli Lilly and Co3.9% C
344AVGOBroadcom Inc3.9% C
345CPRTCopart Inc3.8% C
346BORRBorr Drilling Ltd3.8% C
347KIMKimco Realty Corp3.8% C
348CPNGCoupang Inc3.8% C
349HRLHormel Foods Corp3.8% C
350TAT&T Inc3.8% C
351CAGConagra Brands Inc3.8% C
352EMREmerson Electric Co3.7% C
353SJMJ M Smucker Co3.6% C
354CICigna Group3.5% C
355CGCarlyle Group Inc3.5% C
356VMCVulcan Materials Co3.5% C
357ENTGEntegris Inc3.5% C
358VZVerizon Communications Inc3.5% C
359PHParker-Hannifin Corp3.4% C
360KKRKKR & Co Inc3.4% C
361ENPHEnphase Energy Inc3.3% C
362RBARB Global Inc3.3% C
363EQTEQT Corp3.3% C
364NVDANVIDIA Corp3.3% C
365FSLRFirst Solar Inc3.3% C
366LYBLyondellBasell Industries NV3.2% C
367CNHICNH Industrial NV3.2% C
368BBYBest Buy Co Inc3.2% C
369WPCWP Carey Inc3.2% C
370APAAPA Corp (US)3.2% C
371RJFRaymond James Financial Inc3.2% C
372CHKChesapeake Energy Corp3.2% C
373TSNTyson Foods Inc3.1% C
374SRPTSarepta Therapeutics Inc3.1% C
375IFFInternational Flavors & Fragrances Inc3.1% C
376UBERUber Technologies Inc3.1% C
377DVADaVita Inc3.1% C
378OXYOccidental Petroleum Corp3.1% C
379WMSAdvanced Drainage Systems Inc3.1% C
380MRVLMarvell Technology Inc3.1% C
381PEGPublic Service Enterprise Group Inc3.1% C
382DOWDow Inc3.1% C
383GMGeneral Motors Co3.0% C
384MLMMartin Marietta Materials Inc3.0% C
385XOMExxon Mobil Corp3.0% C
386BLDRBuilders FirstSource Inc2.9% C
387NTAPNetApp Inc2.9% C
388DLRDigital Realty Trust Inc2.9% C
389URIUnited Rentals Inc2.9% C
390DINOHF Sinclair Corp2.8% C
391STLDSteel Dynamics Inc2.7% C
392FISFidelity National Information Services Inc2.7% C
393PCARPaccar Inc2.7% C
394CATCaterpillar Inc2.6% C
395TPLTexas Pacific Land Corp2.5% C
396JCIJohnson Controls International PLC2.5% C
397SCHWCharles Schwab Corp2.4% C
398CHTRCharter Communications Inc2.1% C
399BIIBBiogen Inc1.9% C
400EOGEOG Resources Inc1.8% C
401TAPMolson Coors Beverage Co1.6% C
402TSLATesla Inc0.8% C
403ILMNIllumina Inc0.2% C
404EXCExelon Corp3.6% D
405MKCMcCormick & Company Inc3.5% D
406NEENextera Energy Inc3.3% D
407HUBSHubSpot Inc3.0% D
408KMIKinder Morgan Inc2.9% D
409TTDTrade Desk Inc2.8% D
410BLDTopBuild Corp2.6% D
411CMICummins Inc2.6% D
412METAMeta Platforms Inc2.5% D
413DKSDICK’S Sporting Goods Inc2.4% D
414TOLToll Brothers Inc2.3% D
415DDDupont De Nemours Inc2.3% D
416PFEPfizer Inc2.2% D
417ORCLOracle Corp2.2% D
418CTRACoterra Energy Inc2.2% D
419PSXPhillips 662.1% D
420PWRQuanta Services Inc2.1% D
421VLOValero Energy Corp2.1% D
422CSLCarlisle Companies Inc2.1% D
423EQHEquitable Holdings Inc2.0% D
424WRKWestRock Co2.0% D
425IPInternational Paper Co1.9% D
426WWETKO Group Holdings Inc1.9% D
427MPCMarathon Petroleum Corp1.9% D
428HALHalliburton Co1.9% D
429HPEHewlett Packard Enterprise Co1.9% D
430MROMarathon Oil Corp1.9% D
431WLKWestlake Corp1.9% D
432BKNGBooking Holdings Inc1.9% D
433NVTnVent Electric PLC1.9% D
434DVNDevon Energy Corp1.9% D
435FANGDiamondback Energy Inc1.8% D
436HUBBHubbell Inc1.8% D
437OVVOvintiv Inc1.8% D
438ETNEaton Corporation PLC1.8% D
439EMNEastman Chemical Co1.6% D
440CELHCelsius Holdings Inc1.6% D
441COPConocophillips1.6% D
442WSMWilliams-Sonoma Inc1.5% D
443TRGPTarga Resources Corp1.5% D
444IRMIron Mountain Inc1.5% D
445OCOwens Corning1.5% D
446PXDPioneer Natural Resources Co1.4% D
447PLTRPalantir Technologies Inc1.4% D
448KRKroger Co1.4% D
449FDXFedEx Corp1.4% D
450MDBMongoDB Inc1.4% D
451DALDelta Air Lines Inc1.4% D
452OWLBlue Owl Capital Inc1.3% D
453SWAVShockwave Medical Inc1.3% D
454TOSTToast Inc1.2% D
455PRPermian Resources Corp1.2% D
456AESAES Corp1.0% D
457BGBunge Global SA1.0% D
458GEGeneral Electric Co1.0% D
459AGRAvangrid Inc0.9% D
460RBLXRoblox Corp0.8% D
461CNMCore & Main Inc0.8% D
462EMEEMCOR Group Inc0.8% D
463FCXFreeport-McMoRan Inc0.8% D
464WDCWestern Digital Corp0.8% D
465RCLRoyal Caribbean Cruises Ltd0.7% D
466PSTGPure Storage Inc0.7% D
467WMBWilliams Companies Inc0.6% D
468PAYCPaycom Software Inc0.5% D
469NUNu Holdings Ltd0.5% D
470SCCOSouthern Copper Corp0.4% D
471HOODRobinhood Markets Inc0.3% D
472FFord Motor Co0.3% D
473MRNAModerna Inc0.3% D
474PODDInsulet Corp-0.1% D
475WBDWarner Bros Discovery Inc-0.3% D
476SDRLSeadrill Ltd-0.3% D
477SNOWSnowflake Inc.-0.5% D
478CCLCarnival Corp-1.6% D
479ADMArcher-Daniels-Midland Co1.5% F
480SWKStanley Black & Decker Inc1.4% F
481BKRBaker Hughes Co0.8% F
482WBAWalgreens Boots Alliance Inc0.7% F
483NEMNewmont Corporation0.6% F
484SMCISuper Micro Computer Inc0.5% F
485XPOXPO Inc0.5% F
486CEGConstellation Energy Corp0.4% F
487NRGNRG Energy Inc0.3% F
488SPOTSpotify Technology SA0.2% F
489COINCoinbase Global Inc0.1% F
490XPXP Inc0.0% F
491VSTVistra Corp-0.4% F
492APPApplovin Corp-0.7% F
493MMM3M Co-0.8% F
494VRTVertiv Holdings Co-1.1% F
495MSTRMicrostrategy Inc-1.1% F
496MUMicron Technology Inc-1.2% F
497ACIAlbertsons Companies Inc-1.3% F
498ALBAlbemarle Corp-1.5% F
499DKNGDraftkings Inc-1.6% F
500EXASExact Sciences Corp-3.7% F

Our list this month looks similar to January’s, with high-quality growers like Autodesk (NASDAQ:ADSK), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) taking top A+ grades. The system believes these tech laggards will outperform as the business cycle improves. Many high-returning industrial firms also make the list for the same reason.

Meanwhile, high-momentum firms like Amazon (NASDAQ:AMZN) and Nvidia (NASDAQ:NVDA) score far lower because of their now-inflated valuations. History tells us that companies like these tend to slightly underperform over the medium term. Exxon Mobil and Eli Lilly notably drops from A+ grades to C’s after their incredible 3-month rallies.

Finally, the D- and F-grade stocks continue to be those with either weaker profits or share prices that defy logic. The system continues to be skeptical of Coinbase and other junk rally firms.

On the date of publication, Thomas Yeung held a LONG position in GOOG, GOOGL, PYPL and GM. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Tom Yeung is a market analyst and portfolio manager of the Omnia Portfolio, the highest-tier subscription at InvestorPlace. He is the former editor of Tom Yeung’s Profit & Protection, a free e-letter about investing to profit in good times and protecting gains during the bad.


Article printed from InvestorPlace Media, https://investorplace.com/2024/04/marketmasterais-top-500-stocks-april-2024/.

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