Bank Stocks To Buy Based on Machine Learning: Returns up to 46.4% in 3 Months

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

Bank Stock Forecast
Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Months (8/9/2020 – 11/9/2020)
I Know First Average: 21.86%
Bank Stocks To Buy
Bank Stocks To Buy chart

During the 3 Months forecasted period several picks in the Bank Stock Forecast Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The greatest return came from TCBI at 46.4%. The suggested trades for IVZ and CMA also had notable 3 Months yields of 37.66% and 34.76%, respectively. The overall average return in this Bank Stock Forecast package was 21.86%, providing investors with a 15.92% premium over the S&P 500’s return of 5.94% during the same period.

Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs. It offers business deposit products and services, including commercial checking accounts, lockbox accounts, and cash concentration accounts, as well as other treasury management services.

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.