We recently published 10 Stocks Winning the Market. Thomson Reuters Corp. (NASDAQ:TRI) was one of the best performers on Tuesday.
Thomson Reuters snapped a three-day losing streak on Tuesday, soaring 11.41 percent to close at $90.09 apiece, as investors took heart from the surge to 1 million users of its AI-powered assistant business, CoCounsel.
According to the company, CoCounsel powers intelligent capabilities across legal, tax and audit, and onesource+. It integrates into tools that professionals already use, analyzes licensed content refined over 175 years, incorporates expert-developed validation logic, and delivers structured, citation-backed outputs.
“Professionals are not deciding whether to use AI anymore. They are deciding which AI they trust when their reputation and their clients’ data are on the line,” Thomson Reuters Corp. (NASDAQ:TRI) President and CEO Steve Hasket said. “CoCounsel is built for moments when being almost right is not good enough. It is grounded in decades of authoritative content, validated by domain experts, and backed by a clear commitment that customer data remains theirs. That is why one million professionals rely on CoCounsel.”
Thomson Reuters Corp. (NASDAQ:TRI) said that more than 4,500 subject matter experts contribute to tax validation and continuous refinement of CoCounsel’s outputs across legal, tax, and compliance domains.
A new generation of the CoCounsel Legal is set to launch soon, and would support conversational task execution.
While we acknowledge the potential of TRI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
