Don't Call It A Comeback, But ChatGPT's Stock Picks Are Bouncing In Benzinga Experiment
Portfolio Pulse from AJ Fabino
Benzinga's six-month experiment, 'Is ChatGPT A Better Financial Advisor?', is in its 19th week. ChatGPT's portfolio, which started with a hypothetical $10,000, has seen a 19-week performance of +8.93%, placing it seventh in the competition. The portfolio is now targeting major players like SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Tesla Inc reclaimed its position as the top performer in the portfolio, while Adobe Inc dropped to the runner-up spot after investor sell-offs post-earnings release. Nike Inc continues to struggle with a 17.68% loss.
September 15, 2023 | 8:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Adobe Inc dropped to the runner-up spot in ChatGPT's portfolio following investor sell-offs in the wake of the company's earnings release.
The sell-offs following Adobe's earnings release have negatively impacted its position in the portfolio, indicating a potential short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nike Inc continues to grapple with challenges, sitting at a 17.68% loss in ChatGPT's portfolio.
Nike's ongoing challenges and its significant loss in the portfolio suggest a negative short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
ChatGPT's portfolio is targeting major players like the Invesco QQQ Trust Series 1.
The mention of Invesco QQQ Trust Series 1 as a target for ChatGPT's portfolio does not indicate a clear short-term price direction for the ETF.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
ChatGPT's portfolio is taking aim at major players like the SPDR S&P 500 ETF Trust.
The mention of SPDR S&P 500 ETF Trust as a target for ChatGPT's portfolio does not indicate a clear short-term price direction for the ETF.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Tesla Inc reclaimed its position as the top performer in ChatGPT's portfolio.
Tesla's return to the top performer spot in the portfolio suggests a positive short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90