Story
Investing.com Reports 187% Return for its AI Stock-Picking Tool Since 2023 Launch
Investing.com has reported that its artificial intelligence-powered stock selection tool generated a return of 187.39% since its launch in November 2023. The financial markets platform stated this performance represents a 105.94% outperformance compared to the S&P 500 benchmark over the same period.
Performance Highlights
According to a September 1 announcement from the company, the ProPicks service identified numerous stocks that delivered significant gains. For the month of August alone, the report cited several double-digit winners, including:
- Ramaco Resources (METC): +55.29%
- Salesforce Inc (CRM): +39.95%
- Peabody Energy (BTU): +39.72%
The company also highlighted several longer-term holdings that have contributed to the tool's overall performance since their selection, such as Delek US Energy (DK), which reportedly gained 97.46%, and Haemonetics (HAE), with an 88.98% gain.
AI Selection Methodology
AdThe ProPicks tool operates by rebalancing a portfolio of up to 20 stocks at the start of each month. According to Investing.com, its selections are based on a machine-learning model that assesses over 150 financial models and 15 years of historical market data.
The service provides users with the rationale for each stock selection or removal. For example, the company explained its model added Ameresco (AMRC) based on momentum and growth metrics, later exiting the position after a 136.55% gain due to what it identified as rising liabilities and pressure on profit margins.
Market Context
The release of these self-reported figures comes as AI-driven and quantitative strategies gain increasing attention from investors seeking an edge in navigating markets. The announcement followed a positive month for major U.S. indices, with the S&P 500 and Nasdaq Composite posting gains of 2.62% and 3.93% in August, respectively.
Investors should note that the performance data is provided by the company for its own subscription product. Past performance is not indicative of future results.
Read next
More on Stocks
FTC Orders Walmart, Uber, Delta to Disclose Data on Personalized Pricing
The U.S. Federal Trade Commission is demanding nine major companies, including leading retail, travel, and gig economy firms, to provide information on how they use consumer data for setting individual prices and wages.
Google Launches Gemini 4 Carbon AI Model to Bolster Cybersecurity Capabilities
Alphabet's Google has unveiled Gemini 4 Carbon, its latest AI model specifically designed for advanced cybersecurity tasks like vulnerability detection and secure code generation. The launch escalates competition with rivals OpenAI and Anthropic in the enterprise AI market.
Oracle Shares Surge After Unveiling $225 Billion Revenue Target for 2030
Oracle stock rose sharply after the company presented a long-term financial outlook targeting at least $225 billion in annual revenue by fiscal 2030, driven by its expanding AI infrastructure business.
DOJ Scrutinizes Nvidia's $12.9B Hugging Face Deal Amid Broader Antitrust Probe, Sources Say
The U.S. Department of Justice is reportedly examining Nvidia's planned $12.93 billion acquisition of AI platform Hugging Face as part of a wider, ongoing antitrust investigation into the chipmaker's market conduct.