Why ChatGPT is Killing the Competition in Investing

Published On Sat May 13 2023
Why ChatGPT is Killing the Competition in Investing

ChatGPT Decimates Growth Stock

The financial industry is constantly evolving, and investors need to be alert to changes in the market. One such change is the rise of artificial intelligence (AI) chatbots like ChatGPT that offer investors better results for free, as compared to paid services.

One company that has suffered from this change is down over 40% since it reported earnings, and Fool.com contributor and finance professor Parkev Tatevosian warned investors months ago to avoid this stock.

ChatGPT vs. Paid Services

Customers can choose to use ChatGPT instead of paid services, which can cost around $15 per month, for arguably better results. This AI chatbot offers a range of benefits, including:

  • Instant access to top analyst recommendations
  • In-depth research
  • Investing resources

ChatGPT is free and offers a valuable alternative to paid services for investors.

Why Investors Should Avoid This Stock

According to Parkev Tatevosian, investors should avoid this particular stock due to its poor performance. The stock is down over 40% since the company reported earnings, which is a significant loss for investors.

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