Automotive Stocks Based on Short Term Analysis: Return up to 9.09% in 3 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: 3 Days (02/12/16 – 02/15/16)
I Know First Average: 3.15%

Automotive Stocks

The self-learning algorithm correctly predicted 10 out of 10 stocks in this package to increase on the 3-day time horizon starting on February 12th. The top performing stock was MTOR bringing investors a return of 9.09% in the 3 day time period. The average return for this package was 3.15%, outperforming the S&P 500’s return of 1.95%.

Meritor, Inc. (MTOR) develops, manufactures, markets and distributes integrated systems, modules, and components to original equipment manufacturers (OEMs) for commercial vehicles and the transportation industry. The company’s earnings report for Q1 was released with numbers on company revenue, earning and sustainability.

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.