The next SMCI? This stock is up 45% in the first 7 trading sessions of the month

Investing.com — Wayfair (NYSE:W) stock has been on a relentless rally this month. Shares of the Boston-based company jumped 16% after it beat analysts' estimates for earnings and sales on May 2 and hasn't stopped rallying since.

Considering yesterday's closing price, the furniture and home goods merchant is now up 45% in the month and could continue to rally as more investors pile up in the stock. As of this writing, it is up another 1% in premarket trading.

But how could you have spotted it before it rallied?

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• Perficient (NASDAQ:PRFT): +56% this month.
• Applovin Corp (NASDAQ:APP): +20% this month.
• Ringcentral (NYSE:RNG): +19.7% this month.
• Louisiana-Pacific Corporation (NYSE:LPX): +18.9% this month.

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• S&P 500: +12.91%
• Dow Jones Industrial Average: +7.76%
• Nasdaq Composite: +13.97%

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Source: ProPicks

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