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Value stocks are my favourite type. My portfolio is full of them. But I wondered whether I’d missed any obvious ones and called in ChatGPT for a second opinion.
The artificial intelligence chatbot instantly came up with three FTSE 100 stocks, but something was up. The first was Rolls-Royce, which looks more like an overpriced growth stock than an underpriced value play.
So I made myself clear. I told my robot assistant that a value stock refers to a company that appears to trade at a lower price relative to its fundamentals, with potential to recover.
ChatGPT is only a glorified computer programme, but it’s no fool. It quickly latched on.
I love Legal & General Group too!
Its first pick was insurer and asset manager Legal & General Group (LSE: LGEN). This one I can totally get behind. I hold the stock myself and love its bumper 8.4% yield.
The shares have struggled…
