Top 10 Stocks Based on Genetic Algorithm: 47% In 14 Days
Top 10 Stocks
This Trend Following forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s forecast services. The full Top 10 Stock Picks forecast includes daily stock predictors for a total of 20 stocks with bullish and bearish signals:
- Top ten stocks pick to long
- Top ten stocks pick to short
Package Name: Stocks Under 10 Dollars
Forecast Length: 14 Days (08/15/2016 – 08/29/2016)
I Know First Average: 9.21%
In this forecast 9 out of 10 stocks increased as the I Know First algorithm correctly predicted. The highest performing stock during the short 14-day period, had come from Bovie Medical Corporation (BVX) with a return of 47.85%. Ocwen Financial Corp (OCN) and Rentech, Inc. (RTK) as well had high returns of 16.39% and 14.51%, during the forecasted period. The I Know First overall average return for this forecast was at 9.21%, providing investors with a premium of 9.38% over the S&P 500’s return of -0.17%.
Bovie Medical Corporation (BVX), a medical device company, develops, manufactures, and markets electrosurgical devices and related medical products used in doctor’s offices, surgery centers, and hospitals worldwide.
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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