+40%, +39%, +19%: AI-picked winners spread beyond energy and tech
Investing.com reports that AI-powered stock picks have been expanding beyond energy and tech sectors, with notable gains in healthcare and blue-chip tech stocks. Humana (NYSE:HUM) experienced an 18.7% increase since ProPicks AI added it to the Healthcare Heroes Strategy on August 1, driven by improved Medicare Advantage plan ratings from the Centers for Medicare & Medicaid Services.
Microsoft (NASDAQ:MSFT) has seen a 39.5% rise since being added to the Dominate the Dow Strategy, with 96% of covering analysts rating the stock Buy or Strong Buy. Amazon (NASDAQ:AMZN) has also gained 5.7% in October, with AWS revenue growing 37% year-over-year and AI and custom-chip businesses now exceeding a $25 billion annualized run rate.
The upcoming earnings season, including UnitedHealth (NYSE:UNH), JPMorgan (NYSE:JPM), Goldman Sachs (NYSE:GS), and Bank of America, will be closely watched for further insights into the healthcare and banking sectors.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
