Wednesday, February 22, 2023

ChatGPT

 Disclaimer: All my books and views are for educational purposes only. Consult your financial advisors before taking any actions. All the links are the opinions of the authors, not mine. I am not responsible for any errors and/or opinions. All information and prices are subject to change without notice.

ChatGPT recommendation

 

You can create a free account. I asked “best stocks for now”, and it gave me the following stocks. It gave me FB instead of the new name META and made me suspicious of the accuracy of the rest of its database.  Most are high-tech and all are large companies. It could lead to many asking the same questions and it would result in these stocks rising consequently.

 

Stock

Price

True EY1

FEY2

Fidelity3

30-Day

6 Mon.

AAPL

152.55

5%

4%

6

 

 

AMZN

97.20

4%

2%

1

 

 

GOOG

94.59

8%

6%

4

 

 

JPM

142.24

9%

9%

6

 

 

META

172.88

9%

5%

5

 

 

MSFT

258.06

5%

4%

5

 

 

NVDA

213.88

1%

2%

0

 

 

TSLA

208.31

3%

3%

1

 

 

XOM

111.28

21%

10%

7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1 It is the reciprocal of “EV/EBITDA”. It is obtained from Yahoo!Finance (under Statistics).

2 EY is the reciprocal of Forward P/E (guessing the future earnings). The above considers debts and cash while Forward considers earnings estimates.

3 Fidelity’s score with 10 the best.

 

Only XOM passed my proprietary score, and TSLA was behind XOM in the score. Oil prices affecting XOM would be reduced in demand when electric vehicles replace combustion cars. JPM would suffer from reduced IPOs in the current market conditions. The recent rise of NVDA and MSFT is due to ChatGPT. GOOG would benefit using AI in their products. Unless you believe it is time for bottom fishing, keep them in a watchlist. Consult with your financial advisor before taking any actions.

No comments:

Post a Comment