Stock Predictions Based On Machine Learning: Up To 89.15% In 3 Months
Recommended Positions: Long
Forecast Length: 3 Months (2/27/15 – 5/27/15)
I Know First Average: 10.12%
I Know First Research recently published a bullish article on Abercrombie & Fitch Co. (ANF) on May 26th 2015. In accordance with I Know First predictions, the stock price has increased 2.11% since the publication.
Even though results from Q1 2015 were disappointing (EPS was $0.19 worse than expected), investors are still confident in the stocks as comparable sales are expected to continue improving during the second half of the fiscal year. Also, Abercrombie & Fitch Co. has reduced operating expenses by $40 million year-over-year.
Stay tuned for additional information
Disclaimer:
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.