After looking for a few years, I don't bother to read any of their news. They just regurgitate known information... I have never seen ANY insight... In the past year I have never seen human thoughts...
Human or AI writeup, no difference. Trust no one. And always read the news with a pinch of salt. And do your own analysis.
Even before the AIs came on the scene, all these media pundits and financial gurus never offered anything of much value. Gawd, how CNBC is still on air is a mystery to me
For small companies there is very little news...The company make widgets. They have 35% of the market...I need insight. If you only have Zacks... Deep dodo... On another note... I walked into Walmart and Target today... Good insight to what is happening (or lack there of)... I own Starbucks...I see a direct correlation between the drive thru line and the price of the stock!! Just me...And my ramblings
TV is a medium of entertainment. If you observe closely most anchors appear like eccentric actors. These people interact with some anchors who sound like 'sane voices'. All those different personalities together draw in the viewership. The audience associate themselves with one of those personalities and consider them to be smart. That is how the channels are managed. I am talking of business coverage channels.
Long story short..Years ago, I was intrigued by Zacks number 1 performance claims.. Being the smart guy that I am, I skipped Zacks marketing arm and went straight to their money management team. I was looking to place funds and asked for their returns... Needless to say, their returns were nowhere near the 2x market beating Zacks number 1 stocks.. Hmmmmmmm....
I remember subscribing to Zacks & Schaefers Options back after the NASDAQ crash in 2003. Zacks was very underwhelming. I believe their number 1 stocks underperformed the SPY. Schaefers Options was a lot better but they had so many trades at any given moment it was hard to determine the returns. My memory is that their trades were like 60% profitable so it was pretty good. I believe their strategy employed technical patterns.