Which AI is better for Stock Analysis and projections - ChatGPT vs Big Data ?

I used the same prompt for both platforms :- "compare the stock performance of Meta during 2024 with NASDAQ Index, other Big Tech, is it a good stock to hold now"

ChatGPT Response (Free Version)

In 2024, Meta Platforms (META) has outperformed the NASDAQ Composite Index and kept pace with other Big Tech peers, fueled by its focus on artificial intelligence (AI) and digital advertising growth. With Meta's stock up roughly 180% since the start of the year, it is among the best-performing tech giants, though it has faced some recent volatility due to market-wide uncertainties and increased spending on AI infrastructure

Meta's Q3 2024 results reflected 19% year-over-year revenue growth, primarily from strong advertising revenue and user growth across its platforms like Facebook, Instagram, and WhatsApp. However, AI-related investments and the Reality Labs segment—which is dedicated to metaverse development—are areas of substantial ongoing expenditure. While Reality Labs incurred a $4.4 billion loss, Meta's advancements in AI technology, including Llama 4 and other tools, continue to be seen as strategic for long-term competitiveness

Analysts generally hold a positive outlook on Meta, despite concerns about rising costs, as its innovations in AI and digital services are expected to support further user engagement and monetization potential. Several firms have set high price targets for Meta, reflecting confidence in its growth strategy. However, potential investors should also weigh Meta’s large expenditures and regulatory pressures against these growth drivers.

For those with a high risk tolerance, Meta could be a good stock to hold given its focus on future-oriented technologies and strong advertising base, though continued market scrutiny and elevated costs will be important to watch.

Big Data AI's response (FREE Version)

Meta Platforms (META) Stock Performance in 2024

Comparison to NASDAQ Index and Other Big Tech Stocks

Key Points:

Outperformance of NASDAQ Index: Meta's stock has significantly outperformed the NASDAQ index in 2024, surging over 60% year-to-date compared to the NASDAQ's 20% gain.

Outperformance of Big Tech Peers: Among the major big tech companies, Meta has been one of the top performers in 2024, second only to Nvidia's over 170% jump. Other big tech stocks like Microsoft and Amazon have also seen strong but more modest gains.

Reasons for Outperformance: Meta's strong performance has been driven by several factors:

Robust financial results, with the company reporting 20%+ revenue growth for 5 consecutive quarters.

Successful investments in AI and AR/VR technologies, which are seen as key growth drivers.

Improving user engagement metrics across its platforms like Facebook, Instagram, and WhatsApp.

Is Meta Stock Still a Good Buy?

Analyst Views:

The majority of analysts remain bullish on Meta, with a Strong Buy consensus rating based on 42 Buy, 4 Hold, and 1 Sell recommendations.

The average 12-month price target of $628.77 implies an upside potential of around 8.8% from the current levels.

Analysts cite Meta's strong financial position, with more cash than debt on its balance sheet, and its attractive valuation compared to peers as reasons for their bullish stance.

Potential Risks:

Meta is facing some near-term headwinds, including a slowdown in revenue growth and higher capital expenditures as it invests heavily in AI and AR/VR technologies.

There are also concerns about the company's ability to maintain its user growth and engagement levels in the face of competition from platforms like TikTok.

Conclusion:

Despite the recent stock price appreciation, many analysts still view Meta as a compelling long-term investment opportunity, given its dominant position in the social media and digital advertising space, and its promising investments in emerging technologies. However, investors should be mindful of the potential near-term volatility and risks associated with the company's strategic shift and increased spending

My Take on the response from both

ChatGPT used a wrong growth number of 180% as the stock has grown by approx.. 60% in 2024 (correctly reported by Big Data AI). Response of Big Data AI seems to be more articulate whereas ChatGPT needs several data inputs to improve their response.

Overall, (opinion of one over a sample of one, please add necessary salt and pepper to your liking), Big Data AI seems to be doing a good job in such analysis.