Artificial Intelligence is the talk of the town – every town. For investors, there are two ways to use it in their investing journey. The first way is to invest in the best AI stocks, and the second option is to use AI to invest in stocks. Our focus in this write-up is on the latter option. Let us go through this quick 2 min blog to know the top ways to use artificial Intelligence in Your Investing strategy for 2024.
How to Use AI for Stock Picking?
Here is how an investor can use AI for stock picking:
- Screening and Filtering: Use AI tools to screen large pools of stocks based on specific criteria like financial ratios, growth potential, or industry trends. It can help you narrow down your choices for further analysis.
- Sentiment Analysis: AI can analyze news articles, social media sentiment, and other forms of unstructured data to gauge investor sentiment toward a particular company or industry.
- Identifying Patterns: AI can help identify historical patterns in market data or specific stock behaviors that might indicate potential buying or selling opportunities.
The Right Approach
If you are looking for the best equity advisors in India backed by artificial intelligence, then you need to check out Jarvis Invest. It is one of the best ai tool for stock market India that help you invest in the equity market, and since it is driven by AI – so even if you don’t have market understanding, you can still invest in direct equity. Which of the two options do you plan to take – investing in AI stocks or using AI to invest?