Best Stocks Under $10: Up to 48.72% Return in 14 Days
Best Stocks Under $10
This forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s algorithmic trading tools. It includes 20 stocks with bullish and bearish signals and indicates the best stocks under 10 dollars to buy:
- Top 10 stocks for the long position
- Top 10 stocks for the short position
Package Name: Stocks Under 10 Dollars
Recommended Positions: Long and Short
Forecast Length: 14 Days (07/09/15 – 07/23/15)
I Know First Average: 13.83% (Long) and 6.83% (Short)
The top 10 stocks for both the long and the short position were included in the 14 Day forecast from 07/09/15 that was part of the “Stocks Under 10 Dollars” Package. Acorn International, Inc (ATV) had the best performance during the predicted time horizon with a remarkable return of 48.72%. Other stocks with impressive performances during the time horizon were China Digital TV Holding Co., Ltd (STV) and E-House (China) Holdings Limited (EJ) with returns of 26.84% and 18.68%. For the short position, Alon Blue Square Israel Ltd (BSI) offered the largest returns to investors who shorted the stock during the predicted time period with a return of 36.59%. The average returns for the long and short positions were 13.83% and 6.83%, both of which easily beat the S&P 500 return of 2.71% during the same time period.
China Digital TV Holding Co., Ltd (STV) provides conditional access systems to digital television subscribers in the Peoples Republic of China. These systems block unauthorized access to digital television networks. STV saw a boost in share price following their announcement that they received an approval in principle from the Ministry of Commerce regarding their asset restructuring with Shanghai Tongda Venture Capital Co., Ltd.
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.
