FINQFULL Weekly Pulse: Unveiling the Top 3 and Bottom 3 S&P 500 Companies – 31.10.2024

Welcome to the weekly market insights by FINQ's FINQFULL, your go-to AI-powered investment platform that gives you a daily updated full relative and continuous ranking of all  S&P 500 stocks that lets you see the whole picture every day anew. In a market flooded with stock and an overload of biased, conflicting, and mostly ineffective recommendations, FINQ has created the optimal solution of the scale of attractiveness by giving a numeric score for each stock on a relative basis, from 1 to 500.

FINQFULL aims to give clarity in the ever-evolving financial landscape. By analyzing the entire market with unparalleled precision, FINQ uses its STOCKS-AI to give the data meaning in the simple form of a digital numeric value. FINQFULL is created from this breakthrough continuous ranking, and it brings relativity into the entire market, allowing everyone to make informed investing decisions and empowering them to invest with confidence because the ranked number 1 out of 500 is simply the best for that day, and a stock ranked 500 is probably one you want to sell short. Would you consider holding a stock ranked 157th, or might you be better served by investing in the top ten highest-ranked stocks?

FINQ is an AI-powered investment platform for everyone. Using big data and cutting-edge science, FINQ continuously analyzes the entire market to offer objective and practical investment solutions. Its technology eliminates the biases and shortcomings of human intermediaries and allows everyone to invest with confidence and clarity.

FINQ stands out for its thorough approach to data collection and analysis. The company aggregates vast amounts of data from various sources, categorizing it into three main areas: Crowd Wisdom, Professional Wisdom, and in-depth company Fundamentals. They gather Crowd Wisdom from media and online discussions, extract insights from financial research and institutions, and delve into company-specific information like financial reports. This data is then skillfully processed using advanced AI in a comprehensive data warehouse, resulting in a refined, easy-to-use tool for investor insights akin to the capabilities seen in platforms like ChatGPT.

Weekly Rankings

FINQFULL's Top 3 stocks

In the dynamic world of finance, staying informed about the market’s leading players is imperative. This week, we unveil the FINQ-ranked top 3 S&P stocks based on our algorithms  The rankings, curated by FINQFULL, offer a comprehensive snapshot of the current market landscape.

  • Amazon (AMZN)
  • Meta Platforms Inc (META)
  • Uber Technologies Inc (UBER)

It’s been another quiet week in the top 3, with no changes since October 14th, when Uber Technologies Inc (UBER) joined the top tier.

 Amazon (AMZN) continues to lead, maintaining higher Professional Wisdom, Crowd Wisdom, and Fundamentals scores than its competitors. 

Meta Platforms Inc (META) remains steady in second place, holding its position unshaken throughout the month.

FINQFULL's Bottom 3 stocks

While focusing on the top market performers is vital, it’s equally important to identify those companies that are currently facing challenges. This information is particularly useful for investors seeking to capitalize on underperforming companies, often through short-selling strategies. Here are the bottom 3 S&P 500 companies based on their recent performance:

  • Archer-Daniels-Midland Co (ADM)
  • Allegion PLC (ALLE)
  • Davita Inc (DVA)

Bottom 3 Analysis by FINQ CEO Eldad Tamir

Archer-Daniels-Midland Co (ADM) moved up from third place to the top due to a decreasing trend in both its Crowd Wisdom and Professional Wisdom scores.

Allegion PLC (ALLE), despite maintaining the lowest Professional Wisdom score and experiencing a slight decline in its Fundamentals, saw a significant improvement in its Crowd Wisdom score. This substantial uplift helped improve its overall FINQ rank, moving it to second place from the bottom.

Juniper Networks, Inc. (JNPR) has exited the bottom three and the FINQ rankings entirely, due to a lack of sufficient financial information. Recently, fewer analysts have shared reports on the company, affecting its ranking.

Taking its spot in the bottom three is Davita Inc (DVA), which entered due to a downward trend in its Crowd Wisdom score.

Unlock the Full Transaction Insights

To access comprehensive transaction details, historical performance, and exclusive investment recommendations, sign up for FINQ today. Gain an edge in your investment strategy by tapping into our AI-powered insights and making informed decisions with confidence. Don’t miss out on the complete picture – subscribe now and elevate your investing experience.

Disclaimer: Investment decisions should be made after careful consideration of individual financial goals and risk tolerance. FINQFULL provides information for educational purposes and does not constitute financial advice.

The post FINQFULL Weekly Pulse: Unveiling the Top 3 and Bottom 3 S&P 500 Companies – 31.10.2024 appeared first on New York Tech Media.

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