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On Tue, 29 Oct, 12:01 AM UTC
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AI-Powered Stock Picker Outperforms S&P 500 By Almost 50% Over the Past Year
As the latest game-changing resource offered by Investing.com's premium service, ProPicks AI provides retail investors with AI-generated stock-picking strategies; now set to be available and empower new audiences across the globe NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Investing.com today revealed the groundbreaking results from the first 12 months since its launch of ProPicks AI, an AI-powered stock picker that equips retail investors with exciting trading ideas each month, which have proven to consistently outperform the market's benchmark indices. ProPicks AI is available to all subscribers of InvestingPro -- Investing.com's premium service that offers retail investors enhanced financial tools at an affordable price, empowering them to more effectively compete with institutional investors. When using ProPicks during the past year, InvestingPro subscribers have leveraged the AI tool to outperform the S&P 500 by +46.24%, delivering as much as +84.62% gains, while the S&P 500 itself recorded +38.39% over the same time. The AI models behind ProPicks are rigorously trained on more than 100 financial metrics, incorporating a wealth of 25 years' worth of investment data, providing retail investors with the kinds of investing opportunities which are usually reserved for hedge funds. Powered by Google Vertex AI, these models operate with unparalleled speed and precision, sifting through vast company datasets to pinpoint stocks poised to outperform the major indices. Crucially, ProPicks AI eliminates emotional biases from stock selection while dynamically adapting to market shifts. Employing machine learning, combined with AI synergy, it evaluates tens of thousands of companies and identifies stocks with the potential to flourish across diverse market conditions. With an arsenal of six robust strategies focused on U.S. stocks -- with additional local exchanges in Turkey, Spain, France, India and Brazil introduced soon -- ProPicks AI caters to diverse investor preferences, ensuring superior performance through continuous updates and evaluations. Each strategy provides a monthly updated shortlist of stocks to consider, with each one resulting in over +20% gains and with 9 stock picks over the past year generating above +40%. The strategies include: Beat the S&P 500, pinpointing the 20 top potential performers among the 500 largest companies on the U.S. stock market, using key performance indicators and tracking them against real-time market shifts to ensure timely insights.Dominate the Dow, showcasing the top 10 potential performers in the Dow Jones index, whose stocks are known for their stability, market dominance, and significant growth potential.Tech Titans, revealing 15 companies at the forefront of tech innovation, offering some of the most exciting opportunities in the sector.Mid-Cap Movers, identifying 20 stocks of mid-cap companies that are known for their agility without excessive risk, frequently delivering exceptional overall returns.Top Value Stocks, spotlighting up to 20 undervalued U.S.-listed stocks with strong earnings and promising growth potential.Best of Buffett, selection 15 standouts among the stock in Warren Buffett's portfolio, representing the best of the Oracle's investment philosophy. In the last 12 months, ProPicks AI has served to expand the already wide array of premium investor tools offered by the InvestingPro service, such as "Fair Value Estimates" which use sophisticated financial modeling technology to put a stock's fair value at investors' fingertips, and access to one of the most advanced stock screeners around. With pricing starting at $15.99 per month, InvestingPro arms the average retail investor with the indispensable and now attainable resources to be as competitive as possible with institutional investors in the financial markets. "Stock picking is becoming increasingly more difficult, and retail investors shouldn't be at a disadvantage to institutional investors who are already leveraging AI for market success," said Andy Pai, VP of Subscription Products at Investing.com. "ProPicks AI is the culmination of years of research and development that harnesses the latest breakthroughs in AI to provide users with accurate data and rapid, exact analysis for effortless investing decision-making. Having outperformed the S&P 500 by almost 50% over the past year, its value is clear -- it's not just a game changer, it's a completely different game." ProPicks AI builds on the momentum generated by Investing.com in 2022 through the launch of its premium subscription service, which offers retail investors enhanced financial tools and real-time exclusive breaking news at an affordable price, once again providing them with value-added solutions to more effectively compete with institutional investors. View original content:https://www.prnewswire.com/news-releases/ai-powered-stock-picker-outperforms-sp-500-by-almost-50-over-the-past-year-302286191.html SOURCE Investing.com Market News and Data brought to you by Benzinga APIs
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ProPicks AI analyzes over 25 years of historical financial data across thousands of companies and considers over 50 financial metrics to identify top stocks. That's something the average retail investor could only dream of doing themselves. It's been a full year since the launch of our flagship service, so you can now check out the highlights and learnings based not only on 10 years of historical backtesting, but real-world performance. Similar to what we saw in the markets, the tech sector fueled a strong rally that translated even better in our own tech-focused strategy. The results* have been pretty incredible: Some of our strategies - while still gaining above 20% - are trailing behind their respective benchmark index. For the sake of comparison, these benchmark indices are rough heuristics and far from a perfect apple-to-apple view. Our strategies are equally weighted, contain 10-20 stocks, and rebalance on a monthly basis - which is not the same operating method for indices such as S&P Midcap 400, S&P 500 Pure Value and others. Compare these different strategy results to your own portfolio performance, and consider whether or not you could have achieved more than ProPicks AI, with less effort.
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Investing.com's ProPicks AI, an AI-powered stock picker, has outperformed the S&P 500 by 46.24% in its first year, delivering up to 84.62% gains for retail investors. This tool, part of the InvestingPro premium service, uses advanced AI models to provide professional-grade investment strategies.
Investing.com has unveiled impressive results from the first year of its AI-powered stock picker, ProPicks AI, which has significantly outperformed market benchmarks. This innovative tool, part of the InvestingPro premium service, has demonstrated its ability to level the playing field for retail investors in the competitive world of stock trading [1].
ProPicks AI has shown exceptional performance, outpacing the S&P 500 by 46.24% over the past year. While the S&P 500 recorded a 38.39% gain, ProPicks AI delivered returns of up to 84.62% [1]. This AI-driven tool leverages advanced models trained on over 100 financial metrics and 25 years of investment data, providing retail investors with sophisticated investing opportunities typically reserved for hedge funds [1].
Powered by Google Vertex AI, ProPicks AI operates with unparalleled speed and precision. It analyzes vast company datasets to identify stocks with high potential, eliminating emotional biases and adapting dynamically to market shifts [1]. The tool offers six robust strategies focused on U.S. stocks, with plans to expand to additional local exchanges in Turkey, Spain, France, India, and Brazil [1].
ProPicks AI caters to various investor preferences through its multiple strategies:
Each strategy provides a monthly updated shortlist of stocks, with many picks generating over 20% gains and some exceeding 40% [1].
As part of the InvestingPro service, which starts at $15.99 per month, ProPicks AI aims to empower retail investors with tools previously accessible only to institutional investors. The service includes other premium features such as "Fair Value Estimates" and an advanced stock screener [1].
After a full year of real-world performance, ProPicks AI has demonstrated strong results, particularly in the tech sector. While some strategies have gained over 20%, they may trail behind their respective benchmark indices. However, it's important to note that these comparisons are not exact due to differences in weighting and rebalancing methods [2].
Andy Pai, VP of Subscription Products at Investing.com, emphasizes the increasing difficulty of stock picking and the importance of leveling the playing field for retail investors. He states, "ProPicks AI is the culmination of years of research and development that harnesses the latest breakthroughs in AI to provide users with accurate data and rapid, exact analysis for effortless investing decision-making" [1].
As AI continues to reshape the investment landscape, tools like ProPicks AI are poised to play a crucial role in democratizing access to sophisticated investment strategies, potentially transforming the way retail investors approach the stock market.
Reference
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