Can AI be used for picking the best stocks to invest in ?????
One way AI can be used to pick stocks is building Machine Learning Models. These can analyse historical data (such as share prices, technical analysis, market sentiment, company fundamentals and macroeconomic indicators) to identify patterns and predict future stock price movements As artificial intelligence (AI) becomes more common and accessible, investors have begun incorporating it into how they investing strategies. Standard uses for AI include stock picking, portfolio construction and management, and risk management. Many robo-advisory companies leverage AI.
One of the most important features of AI is its ability to analyze historical data and detect trends. By processing large datasets, AI models can predict how stocks might perform based on past market behavior. However, stock prices can be volatile, and predicting them with complete certainty is nearly impossible WHAT DO YOU THINK ??????
