Bank Stocks to Buy

This Bank Stocks forecast is designed for investors and analysts who need predictions of the best performing top stock picks for a specific industry: Best Bank Stocks. 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 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (05/22/16 – 05/25/16)
I Know First Average: 6.80%

A noteworthy 9 out of 10 top stock picks increased as predicted in this short-term forecast from the algorithm. BNP.PA was the highest-earning stock with a return of 12.58%, RBS returned 12.00%, GLE.PA returned 11.98%, and WETF returned 9.38%. The package outperformed the S&P 500 overall with a return of 6.80% compared with the S&P 500’s growth of 1.86%.

BNP Paribas (BNP.PA) is a French multinational bank and financial services company with global headquarters in Paris. BNP Paribas is one of the largest banks in the world. Economic growth in Europe has been slow this year, but BNP Paribas is ranked as the fourth-largest bank in Europe and has seen growth after settling a claim made by the US that they violated sanctions against Cuba, Iran, and Sudan.

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.