AI Stock Research Expands to Penny Stocks
TipRanks, a market research aggregator, has introduced Spark, its most advanced AI-driven stock analyst. The AI tool provides investors with detailed stock assessments, including coverage of penny stocks, a segment often lacking reliable analysis. Spark gathers data from TipRanks’ extensive financial database, offering insights based on fundamental, technical, and sentiment-based indicators.
Bringing AI to Financial Research
“We are proud to introduce the AI Stock Analyst – the world’s first and most comprehensive AI analyst,” said Uri Gruenbaum, CEO of TipRanks, which was acquired by Prytek for $200 million last year.
Gruenbaum emphasized TipRanks’ commitment to financial innovation, stating that the company aims to help investors make data-driven decisions. The launch comes as brokers increasingly integrate AI tools, with platforms like eToro rolling out Copilot and Einstein GPT and Tiger Brokers introducing DeepSeek AI.
Stock Analysis for All Investors
Spark’s AI model evaluates stocks using multiple indicators and generates momentum signals for short- and long-term investment strategies. It also provides sentiment analysis, making complex financial data easier to understand.
One standout feature is penny stock coverage, an area where retail investors typically struggle to find reliable insights. By adding this capability, TipRanks is addressing a significant gap in financial research.
Founded in 2012, TipRanks specializes in stock analysis using natural language processing (NLP) to assess professional analysts’ performance. Its services are available through its platform and broker integrations, including CMC Invest in Australia and a MetaTrader 5 plugin that allows traders to access its tools directly from the popular trading platform.