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)
- Salesforce (CRM)
- Micron Technology Inc (MU)
After a stable two weeks, there’s been some movement at the top. Amazon (AMZN) and Salesforce (CRM) continue to hold the first and second spots respectively in FINQ’s most desired rankings.
Micron Technology Inc (MU) has made a significant climb to third place after showing a strong performance over the past two weeks, overtaking Alphabet Inc (GOOGL). This shift was primarily due to a change in their Crowd Wisdom scores, with MU surpassing GOOGL. Again, this is another amazing showcase of FINQ’s relative ranking system.
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:
- Viatris Inc (VTRS)
- Loews Corp (L)
- Davita Inc (DVA)
Bottom 3 Analysis by FINQ CEO Eldad Tamir
After many weeks at the very bottom, Loews Corp (L) is relinquishing its hold on the first place of the least desired list, moving down to second place. This shift is largely due to an improvement in its Fundamentals, which now fare better than those of Viatris Inc (VTRS).
Viatris Inc has risen to the top of the bottom three, propelled by increases in its Crowd Wisdom and Professional Wisdom scores.
Meanwhile, Davita Inc (DVA) is experiencing a downward trend in its Professional Wisdom, performing worse than Fastenal Co (FAST). This resulted in Davita dropping to the third place in the bottom three and pushing Fastenal out of this undesirable group.
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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 – 18.07.2024 appeared first on New York Tech Media.
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