This AI model sees big upside for Carvana and Meta Platforms in the next month

An AI-based model for stock picking is bullish on several tech names and consumer brands over the next month. IFi AI is an investment firm that uses IBM's Watsonx to help make projections about the short-term directions of stocks. The program, a cloud-based commercial AI and scientific data platform, uses fundamental data, technical patterns and news as some of its inputs.

mountain Shares of Carvana have doubled this year. Third on the list is an apparel and fashion company that just released its latest earnings. PVH said in its first-quarter report earlier this month that it still sees revenue falling 6% to 7% this year but did raise its earnings forecast. IFi sees 25% upside for the stock. The biggest company on the list has the fourth-largest upside. Meta Platforms is already up nearly 40% this year but is trading below its highs from April.

mountain Shares of Meta Platforms are below their all-time high reached in April. The fifth name looks like another rebound play — Celsius Holdings . The energy drink stock has fallen sharply in recent weeks, slumping almost 7% on Monday alone, though it is still up more than 20% for the year. senior analyst and commentator Ron Insana is the CEO of iFi AI, which launched in March .

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