Bank Stocks To Buy

This forecast is designed for investors and analysts who need predictions of Bank Stocks (see Bank Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best bank stocks to buy:

• Top 10 Bank stocks for the long position
• Top 10 Bank stocks for the short position

Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 7 Days (4/26/2020 – 5/4/2020)
I Know First Average: 9.85%

In this 7 Days forecast for the Bank Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. The highest trade return came from CVEO, at 32.88%. Further notable returns came from EWBC and CUBI at 11.1% and 10.48%, respectively. With these notable trade returns, the package itself registered an average return of 9.85% compared to the S&P 500’s return of 0.21% for the same period.

Civeo Corporation (CVEO) provides remote site accommodation, logistics, and facility management services to the natural resource industry in Australia, Canada, and the United States. The company develops lodges and villages, open camps, and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations. It also provides catering and food services, housekeeping, laundry, water and wastewater treatment, power generation, communications, and personnel logistics services, as well as sewage hauling services. The company operates 19 lodges and villages with approximately 23,000 rooms in Canada and Australia; 9 smaller open camp properties; and a fleet of mobile accommodation assets. It serves independent oil and natural gas companies, mining companies, and oilfield and mining service companies. The company is headquartered in Houston, Texas.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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