We are always looking for ways to gain an edge when stock trading, and selecting stocks can be a tiresome process. As an investor myself, using an AI stock picker has greatly increased my ability to identify the most relevant stocks that are aligned with my trading strategies.
In this article, we will explore the reason why an AI stock picker can greatly support your trading goals and explain how you can begin using one today.
In essence, a stock picker, also known as a stock screener, is a system that reveals a selection of stocks based on some criteria. For example, let's imagine we want to select stocks based on a specific industry, then we can filter out any stocks that are part of that industry.
There really isn't much to accredit to a standard stock picker, as it is designed to be a static filtering tool that helps investors find category-related stocks.
The key difference between an AI stock picker is the depth in which you can refine the stocks you're looking for. As an example, if you are looking for more refined stocks such as "mid-cap stocks with an MA200 in the Aerospace industry", an AI-driven stock picker can find them.
As you can see, an AI stock picker offers far more customizability and information than a standard one. This is due to AI's ability to deeply analyze the stock market, compile its findings, and suggest stocks based on your criteria, all in real time.
Now we understand the differences between the two types of stock pickers, we can use an AI stock picker to our advantage, simply by finding stocks that closely align with our trading goals.
As an example, we can pick out stocks that have a low market cap, with a P/E ratio below 22, and a weekly turnover of $2 billion USD. By doing so, we can find potentially undervalued companies to invest in. We can apply similar criteria to high-dividend stocks, by finding stocks that pay the highest yields.
What this means in the long term, is that AI can greatly accelerate the process of analyzing stocks. Enabling us to find the stocks we need to make potentially profitable trades in the stock market.
I am perhaps biased, but there really aren't any stock pickers using AI other than Intellectia. Intellectia's platform is designed solely for investors and traders who are looking for AI-driven insights to assist them in their trading strategies.
All of Intellectia's features are AI-powered, and is a great tool for any type of investor looking to gain insights into the stock market. The platform's features include things such as:
As you can see, there are multiple benefits to using an AI stock picker. With the rise of AI, we need to integrate more and more cutting-edge insights into our trading strategies. By utilizing an AI picker, we can greatly save our time while finding market opportunities faster.
A stock picker is a tool used by investors to find basic criteria-related stocks.
Warren Buffet himself is a stock picker; he uses complex financial formulae to decide which stocks he believes are valuable.
Yes, and very accurately too. This is why we built our AI stock picker. We designed it so investors can customize their stock based on real-time financial data.
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