How to invest in 2023
2022 has been a very tough year for equity investors with the broad index S&P 500 down more than 17%. Going into the 2023, inflation and fed decision remain key factors determining investors’ confidence. At this point, some companies may do better than others due to the business pricing power etc.
On December 21, Nike stock roses more than 12% after it reported Q2 FY2023 results. According to the financial report, the company's revenue in Q2 was $13.32 billion, a year-on-year increase of 17%, better than market expectations of $12.57 billion; EPS was $0.85, better than market expectations of $0.64. The investment has paid off. Nike's direct-sales sales rose 16% to $5.4 billion, and digital sales rose 25%. In the past few quarters, sales of the wholesale business were basically flat, but increased by 19% in the second quarter.
In terms of stock selections, our newly developed AI Strategy uses the advanced AI Strategy and machine learning strategy to pick the stocks for you. As you can see from Chart 1, Mid Cap& Blend Style AI strategy has outperformed the market by more than 12% this year.
Chart 1 Mid Cap& Blend Style
Within the portfolio, if you would like to know more details on stock picking, there is a perfect example for YUMC From Chart 2, you can clearly see that our strategy is buying YUMC Oct 24th and selling on Nov 14th making the profit of an impressive 39.24% in less than a month.
Chart 2 YUMC Example
Now you have seen how profitable and powerful our strategy and platform are. So what are you waiting for? Subscribe now and make money as early as today. For more details, please refer to the AIdea section within AInvest App.