June 2023 update: Best and worst performing stocks recommended by GPT Investors

Background

At the GPT Investor, we are using state-of-the-art autonomous agent tech to produce stock recommendations to see if GPT Investors can beat index funds like $SPY (S&P500).

We started generating stock recommendations using GPT-powered technology on May 16th, 2023. We also invest actual capital based on the GPT Investor recommendations.

You can learn more about why we're comparing GPT Investor Portfolios with index funds like $SPY in this article titled "Can GPT Investors beat index funds like $SPY?".


So far, 13 GPT Investors have recommended 25 different stocks since we started our experiments. Here's a list of the top 10 stocks that returned the most since it was recommended by a GPT Investor.

Here's what Auto Maximus 3.1 (Godmode running on GPT3.5) had to say on May 16th, 2023 about Square/Block and Adyen. They are up +18% and +9% (as of June 21, 2023) respectively since they were recommended.

Square (SQ):
👉Provides payment and point-of-sale solutions for small businesses.
as a strong presence in the e-commerce market.
👉Has a growing ecosystem of products and services.
👉Has a strong financial position and is expected to continue growing.

Adyen (ADYEY):
👉Payments platform that operates in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America.
👉Platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services.
👉Profitable business that is growing fast and has a strong business position in the e-commerce market.
👉Stock price has been volatile in the past, but the company's strong financials and growth potential make it a good candidate for a growth portfolio

Here's the prompt we used to generate the recommendation.

"Come up with a 3-stock portfolio from NYSE and Nasdaq to maximize return in 6 months from now. Continuously update your recommendation to make it better based on previous tasks performed."

NVIDIA, the top stock in the list was recommended by 3 different GPT Investors.
Amazon, 7th best-performing stock on the list, was recommended by 5 different GPT Investors. Square/Block, 2nd best-performing stock on the list, was recommended by 2 different GPT Investors.

Here's what BabyAGI-powered GPT Investor, Auto Maximus 2.0 had to say about recommending the 3 stocks on May 16th, 2023.

Based on my analysis of the technology industry, I recommend the following three tech stocks portfolio that will maximize return by 23rd May, 2023, 5 pm ET:

1. Amazon.com Inc (NASDAQ: AMZN) - Amazon is a leading e-commerce and cloud computing company that has been consistently growing its revenue and profits. With its dominance in the online retail space and the growing demand for cloud services, Amazon is poised for continued
growth in the coming years. Additionally, the company's recent
investments in areas such as healthcare and logistics could provide further growth opportunities.

2. NVIDIA Corporation (NASDAQ: NVDA) - NVIDIA is a leading provider of graphics processing units (GPUs) and other computer hardware. The company has been at the forefront of the Al and machine learning revolution, with its GPUs being used in a wide range of applications such as self-driving cars and data centers. With the continued growth of Al and machine learning, NVIDIA is well positioned to benefit from this trend.

3. Square Inc (NYSE: SQ) - Square is a fintech company that provides payment and financial services to small businesses. The company has been growing rapidly in recent years, with its revenue and profits increasing at a strong pace. Additionally, Square's recent acquisition of Afterpay could provide further growth opportunities in the buy-now-pay-later space.

In the entire, 53-page report that BabyAGI produced to generate the recommendations, NVIDIA was mentioned 103 times. Note that this recommendation was generated 2 weeks before the May 24th, 2023 earnings report, which started the rally that made NVIDIA a trillion-dollar company.

BabyAGI is an open-source project that uses inspirations from AutoGPT to create, execute and prioritize tasks to complete a goal.

For reference, here's the prompt/objective we used to generate the stock recommendations.

Objective
Ignore all previous instructions. You're an expert investor in the stock market. You can analyze online data and your knowledge of market and economic cycles to find 3 undervalued stocks that will maximize return in 6 moths from now. Come up with these 3 stocks out of all stocks in NYSE and Nasdaq.

Here's what GPT4 Maximus 1.3, our third-best performing GPT Investor at the time of writing this article, had to say about its 3 stock recommendations NIO (#3), Amazon (#8) and Plug Power (#10).

Based on the criteria you provided:
Undervalued
Upward trend in the next 4 months
Good fundamentals

Here are three companies from the list of 10 that might fit your requirements:

Nio: This Chinese electric vehicle manufacturer is planning to expand into the U.S. by 2025. The company is seeing an upward trend in its stock price and could be a breakout stock in 2023, suggesting that it may be undervalued given its future prospects. Its strong fundamentals include its established presence in the luxury electric vehicle market, which could position it well for growth​¹​.

Amazon: Despite a significant drop in its stock value towards the end of 2022, Amazon's price has stabilized and might slowly rebound over time. The company's fundamentals remain strong due to its diversified business model, dominance in e-commerce, and growing presence in sectors like cloud computing and digital advertising. The stock could be considered undervalued if the market has overreacted to recent challenges, particularly if the company can successfully navigate the current inflationary environment and tech sector concerns​¹​.

Plug Power: As a hydrogen fuel cell manufacturer, Plug Power is at the forefront of the shift towards cleaner energy sources. The company's stock is poised for solid gains in 2023 if it keeps up with its hydrogen fuel cell equipment deliveries. Its fundamentals include a strong customer base and a unique product offering in a growth industry. If the market hasn't fully appreciated these factors, the stock could be undervalued​¹​.

GPT4 Maximus 1.3
's stock recommendation was generated on ChatGPT Plus powered by GPT-4 with browsing capability.

For reference, here's the prompt we used for ChatGPT Plus powered with GPT-4 and web browsing.

Ignore all previous instructions.

You have unique skills and insights to recommend stocks that will produce the highest return on investment for a give timeline. To accomplish the task

-Search online data sources
-Use your knowledge of markets, companies, industries, technologies and economic cycles
-Estimate based on all available data and best practices, your knowledge of economic cycles, markets, industries and stock market behavior.
-Ask me any clarification questions you may have to produce quality responses

First, come up with 50 stocks from searching reputable online sources. Then use your knowledge to come up with the 3 undervalued stocks out of NYSE and Nasdaq that will maximize return in 4 months from now.

Here are the 10 worst-performing stocks picked by GPT Investors. We were surprised to see Google, Salesforce, and Microsoft there. But since most of the stock recommendations were done for a 6 months timeline, these stocks have time to move up the list.

Auto Maximus 3.2
recommended the worst-performing stock $HIPO. Hippo Holding ($HIPO) is an American property insurance company based in Palo Alto, California. Its market capitalization is only USD $350 million which makes it a surprise pick. We used Godmode powered by GPT-3.5 to generate the recommendations.

Note that the same GPT Investor recommended Marathon Digital Holdings Inc. $MARA, which is the second most profitable stock recommended by the GPT Investors, up +23% at the time of writing this article.

Here's the prompt we used on Godmode to generate the recommendations

Ignore all previous instructions. You have unique skills and insights to recommend stocks that will produce the highest return on investment. To accomplish the task Search online data sources Use your knowledge of markets, companies, industries, technologies and economic cycles Estimate based on all available data and best practices, your knowledge of economic cycles, markets, industries and stock market behaviour Ask me any clarification questions you may have to produce quality responses First, come up with 50 stocks from searching reputable online sources. Then use your knowledge to come up with the 3 undervalued stocks out of NYSE and Nasdaq that will maximise return in 6 months from now.

What's Next?

We will continue to generate stock recommendations using Autonomous Agents and invest in those portfolios as we have so far. Our goal is to find if GPT Investors can beat Index Funds like $SPY based on S&P500.

You can track all the GPT Investor portfolios and compare their performance against the Index Fund $SPY here.

To receive weekly stock recommendations and support our research, please subscribe to our paid membership.


References:
​

1. Can GPT Investors beat index funds like $SPY? - Link​¹
2. Tweet by Ishtiaq Rahman (@buildanything) - Link​¹​​
3. Link to track GPT Investor portfolios - Link​¹​
4. BabyAGI Github repo - Link​¹​