Best Basic Materials Stocks Based on Artificial Intelligence: Returns up to 20.96% in 1 Month

Best Basic Materials Stocks

This Best Basic Materials Stocks forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Stock Market Prediction Algorithm
Package Name: Basic Industry Forecast
Recommended Positions: Long
Forecast Length: 1 Month (9/3/21 – 10/4/21)
I Know First Average: 1.31%
Best Basic Materials Stocks
Best Basic Materials Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this Basic Industry Forecast Package for the 1 Month time period. ARCB was the highest-earning trade with a return of 20.96% in 1 Month. Further notable returns came from VICR and PATK at 12.46% and 4.98%, respectively. With these notable trade returns, the package itself registered an average return of 1.31% compared to the S&P 500’s return of -5.21% for the same period.

ArcBest Corporation, incorporated on August 23, 1988, is a holding company of businesses providing integrated logistics solutions. The Company operates through three segments: Asset-Based, which consists of ABF Freight System, Inc. (ABF Freight) and certain other subsidiaries; ArcBest, which represents the consolidation of the operations of the former Premium Logistics (Panther), Transportation Management (ABF Logistics) and Household Goods Moving Services (ABF Moving) segments, and FleetNet, which includes the results of operations of FleetNet America, Inc. (FleetNet). The Company offers its products and services under ArcBest, ABF Freight, FleetNet America, Panther Premium Logistics, U-Pack and The Skill & The Will brands, among others.

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.