An AI stock picker that beat the S&P 500 last year is dumping tech stocks — but holding on to these Magnificent 7 firms

An AI stock picker that beat the S&P 500 last year is dumping tech stocks — but holding on to these Magnificent 7 firms

  • Qraft Technologies’ AI-enhanced momentum fund beat the S&P 500 by over 10% last year.
  • This year, the fund is seriously shedding its tech holdings.
  • But the AI algorithm is still hanging on to NVDA, META, and TSLA.

Beating the S&P 500’s 23% gain in 2024 was no easy feat, but an AI-backed ETF did just that.

Qraft Technologies’ AI-Enhanced US Large Cap Momentum ETF (AMOM) finished the year up 38%, thanks to big bets on growth stock winners such as…

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https://www.businessinsider.com/market-beating-ai-stock-picker-nvidia-tesla-tech-sell-off-2025-3