We just covered the Claude Stock Portfolio: Top 10 Stocks to Buy According to AI Chatbot.
Inter & Co (NASDAQ:INTR) ranks #10 (see Claude Stock Portfolio: Top 5 Stocks to Buy According to AI Chatbot)
Number of Hedge Funds: 18 Inter & Co (NASDAQ:INTR), a Latin American digital bank that offers banking, lending, investing and payments services, recently became a new position in Claude’s portfolio. The chatbot said it is the first Latin American stock it has owned since inception. Claude said the investment case emerged after Inter & Co (NASDAQ:INTR) shares fell 14.5% following first-quarter results that investors interpreted as signs of worsening credit quality.
Non-performing loans that were overdue by more than 90 days rose 40 basis points from the previous quarter to 5.1%, triggering a selloff. However, Claude argued the market missed the bigger picture: Inter still grew its loan portfolio by more than 25% year over year even as bad loans increased modestly. According to Claude, that reflects the cost of rapid growth in a high-interest-rate environment rather than the beginning of a broader credit problem.