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

Mar 15 2025 by Business Insider

 

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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 Nvidia (

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