Best Bank Stocks

This Bank Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks 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 & Short
Forecast Length: 3 month (8/11/15 – 11/11/15)
I Know First Average: 13.41% Long;  10.72% Short

The top 10 stocks for both the long and the short position were included in the 3 month forecast from 8/11/2015 that was part of the Bank Stocks package. For the long position The Phoenix Companies, Inc. (PNX) had the best performance during the predicted time horizon with an outstanding return of 162.6%. Other stock with an impressive performance during the time horizon was CM  with a return of 5.85%. For the short position, Banco Bradesco (BBD) offered the largest returns to investors who shorted the stock during the predicted time period with a return of 21.81%. The average returns for the long and short positions were 13.41% and 10.72% respectively, both of which easily beat the S&P 500 return of -1.39% during the same time period.

Algorithmic traders utilise 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.