These stocks are set to gain the most over the next month, according to an AI model

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 72%

Investment Strategy News

Markets,Paramount Global,Western Alliance Bancorp

The iFi AI model is optimistic that these five stocks can rally in the near term.

Recent developments in artificial intelligence are poised to bring even more competition to traditional stock pickers and money managers, as investors can lean on the machines for advice and research. One of those programs is iFi Ai, an investment information firm powered by IBM's Watsonx. IFi AI takes in a wide range of market signals and data to make projections about where individual stocks will go next.

mountain Shares of Paramount Global have seen big swings this year as investors try to position for a potential buyout of the company. The second highest projection is for Western Alliance , with 12% upside. Regional banks have been a risky bet for investors over the past year, but iFi sees big upside for Western Alliance. The mid-sized lender is also well liked on Wall Street. The stock has a buy or strong buy rating from 15 of the 18 analysts tracked by LSEG.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: S&P 500 snaps five month win streak as losses pile up in AprilStock Market Today: S&P 500 snaps five month win streak as losses pile up in April
Source: Investingcom - 🏆 450. / 53 Read more »