Can Stocks Picked by Artificial Intelligence Beat the Market? 3 Stocks to Watch

Corebridge Financial

• Market value: $18.3 billion
• AI Score: 10.0
• Low Risk Score: 6.0
• AI Risk/Reward Score: 8.0

Shares in Corebridge Financial (CRBG), which sells retirement and insurance products, clobbered the broader market during the first few months of 2024. Indeed, CRBG rose by more than a third for the year-to-date through early May. 

And if Danelfin is correct, the stock is just getting started. A perfect AI Score (combined with a comparatively low Low Risk score) has CRBG primed for outperformance over the next 60-or-so trading sessions, the algos contend.

Indeed, when Danelfin's platform has singled out CRBG in the past, the buy call has been a winner over the next three months an average of more than 80% of the time. 

Wall Street analysts, who tend to look 12 to 18 months ahead, mostly like CRBG on that time frame too. Of the 11 analysts covering the stock surveyed by S&P Global Market Intelligence, four rate it at Strong Buy, three say it's a Buy and four have it at Hold. That works out to a consensus recommendation of Buy, with solid conviction. 

Trane Technologies

• Market value: $74.4 billion
• AI Score: 10.0
• Low Risk Score: 6.0
• AI Risk/Reward Score: 8.0

You might not be familiar with Trane Technologies (TT), but look around your home or office and you'll probably stumble upon something made by one of its Trane, American Standard and Thermo King brands.

TT stock has been another big-time market beater in 2024. Through mid-May, shares were up by more than a third for the year-to-date. That beat the S&P 500 by about 20 percentage points on a price basis.

Danelfin sees even more outperformance through the second quarter and beyond. A perfect AI Score suggests TT will continue its winning ways – as does Danelfin's past average three-month win rate on the name of nearly 85%. 

Meanwhile, a comparatively low Low Risk score means traders and tacticians should be able to sleep OK at night. 

Would-be investors with longer time frames might want to note that some industry analysts think the easiest money has already been made. Of the 25 analysts covering TT stock, seven have it at Strong Buy, two say Buy, 14 call it a Hold and two rate it at Strong Sell. That works out to a consensus recommendation of Hold – or essentially market-matching performance over the next year or so.

Deckers Outdoors

• Market value: $22.7 billion
• AI Score: 10.0
• Low Risk Score: 6.0
• AI Risk/Reward Score: 8.0

Near-perfect or perfect scores for fundamentals, technicals and sentiment give Deckers Outdoors (DECK) the best shot at beating the broader market over the next three months, or roughly 60 trading sessions, per Danelfin.

Shares in the company known for Uggs and Teva footwear beat the broader market by more than 20 percentage points for the year-to-date through mid-May. Danelfin's algos suggest they'll continue to outperform. 

DECK gets the same headline scores as the two stocks covered above, but it has stronger internal metrics. Even better, when Danelfin's platform has singled out DECK in the past, the buy call has been a winner over the next three months an average of more than 85% of the time. 

Wall Street is bullish on Deckers over the longer haul too. Of the 21 analysts issuing opinions on the stock, 11 have it at Strong Buy, three say Buy and seven call it a Hold. That works out to a consensus recommendation of Buy, with high conviction. 

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