Automotive Stocks Based on Algo Trading: Return up to 14.94% in 14 Days

Automotive Stocks

This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry. It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to buy:

  • 10 Automotive stocks for the long position
  • 10 Automotive stocks for the short position

Package Name: Automotive Stocks
Forecast Length: 14 Days (03/15/16 – 03/29/16)
I Know First Average: 6.13%

automotive stocks

All 10 top stocks in the long position in this forecast increased as predicted by the algorithm. MOD was our top stock pick this week with its return of 14.94%. OSK and WNC followed with their returns of 10.26% and 7.69% for the 2-week period. The package saw overall growth of 6.13% versus the S&P 500’s growth of 1.75%.

Modine Manufacturing Company (MOD) develops, manufactures, and markets heat exchangers and systems for use in on-highway and off-highway original equipment manufacturer (OEM) vehicular applications, and to various building, industrial, and refrigeration markets worldwide. On March 24th, Seaport Global Securities upgraded MOD from neutral to buy.

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.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.