ChatGPT4o Constructs a 1000 Investment Portfolio for End of 2024
By the conclusion of the first half of 2024, it became apparent that investing heavily in stocks like Nvidia, Super Micro Computer, or even MicroStrategy would have been incredibly lucrative. However, the situation for the latter half of the year may not be as straightforward. With the rapid rise of many big tech companies in the stock market, a different approach may be necessary to maximize returns.
In order to uncover the most successful investment strategy for the 2024 stock market and optimize profits for the year’s end, Finbold turned to ChatGPT-4o, the most advanced model of OpenAI’s leading artificial intelligence platform. They enlisted its help in constructing a $1,000 stock portfolio for the end of the year.
ChatGPT’s top recommendations were unsurprising. Given Nvidia’s tremendous growth over the past 18 months, the AI allocated $200 to the semiconductor giant, predicting that its strong performance in the first half of 2024 would continue due to the increasing adoption of AI. Another significant investment of $150 was proposed for Microsoft. The AI model identified Microsoft as a beneficiary of the AI surge, with its investments in AI and cloud computing driving growth, making it a reliable choice.
Additionally, ChatGPT suggested investing $100 each in eight other companies. Adobe was selected for its combination of strong performance and growth potential. Illumina, a leader in genetic sequencing, was deemed poised for growth and therefore a worthwhile investment. Schlumberger, despite underperforming recently, was still considered a solid pick due to its leadership in oilfield services and the potential for upside as oil prices stabilize. PayPal, despite its recent underperformance, was seen as a strong investment due to its innovative payment solutions and the ongoing shift towards digital payments. Sealed Air, benefiting from resilient economic activity and innovative packaging solutions, was also included in the portfolio. Lastly, Realty Income was chosen for its reliable dividends and resilience in rising interest rate environments.
To balance the portfolio, ChatGPT also added a “defensive” pick and suggested purchasing $50 worth of Kraft Heinz shares. The company’s brand recognition, stability, and consistent performance made it an attractive choice.
ChatGPT provided further insights into its positive outlook for the selected stocks within their respective sectors. Nvidia, Microsoft, and Adobe were singled out for their expected ability to capitalize on the AI boom. Stocks from sectors such as real estate and consumer were chosen for their reliability and stability.
Overall, the portfolio was carefully designed by ChatGPT to balance growth opportunities with stability, leveraging the strengths of different sectors based on the performance and outlook for the second half of 2024.
