Best Dividend Stocks: Up to 11.82% in 7 Days
Best Dividend Stocks
Top Dividend Stocks: This best dividend stocks forecast is part of the “Dividend Stocks” package, as one of I Know First’s quantitative investment solutions. We determine our best stocks carrying a dividend and pick them by screening our database daily using our advanced algorithm. The full Dividend Stocks Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:
- 10 best dividend stocks to long
- 10 best dividend stocks to short
Package Name: Dividend Stocks
Recommended Positions: Long
Forecast Length: 7 Days (07/28/2015 – 08/04/2015)
I Know First Average: 2.67%
Companhia Siderúrgica Nacional (SID) increased 11.82% in just 7 days, the top performing stock in the Dividends Stocks Package forecast for that time period. Other top performing stocks such as Exterran Holdings, Inc. (EXH) had notable returns of 6.31%, with seven of the ten stocks increasing in accordance with the algorithm’s prediction. The average return of the forecast was 2.67%, which is more than twice as great as the S&P 500 return of 1.24% during the same time horizon.
As one of Brazil’s leading steel manufacturers, Companhia Siderurgica Nacional produced 1.8 million tons of steel in the first quarter alone. Analysts predict long term growth for the company based on an anticipated strengthening of domestic steel demand due to investments in infrastructure such as railroads, wind farms, and ports. Further strengthening the outlook for this company is the declining prices in steel components, such as molybdenum, due to a glut in the current commodities market.
Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.
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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.
