Best Canadian Stocks Based on Data Mining: Returns up to 177.06% in 1 Year

Best Canadian Stocks

This Canadian Stocks forecast is part of the By Country Package, as one of I Know First’s systematic trading tools. The full forecast includes daily predictions for a total of 20 top Canadian stocks with bullish and bearish signals:

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


Package Name: By Country – Canadian Stocks
Recommended Positions: Long
Forecast Length: 1 Year (7/12/20 – 7/12/21)
I Know First Average: 53.56%
Best Canadian Stocks
Best Canadian Stocks chart

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Canadian Stocks Package for this 1 Year forecast. LAC.TO was the top performing prediction with a return of 177.06%. Further notable returns came from IFP.TO and FM.TO at 141.69% and 112.34%, respectively. The package had an overall average return of 53.56%, providing investors with a 24.64% premium over the TSX’s return of 28.92% during the period.

Lithium Americas Corp., formerly Western Lithium USA Corp., is a resource company. The Company is focused on development of two lithium development projects: the Cauchari-Olaroz project, which is located in Jujuy province of Argentina and the Lithium Nevada project, which is located in north-western Nevada, the United States. Its segments are Organoclay, Lithium Nevada, Cauchari-Olaroz and Corporate. Its geographical segments are Canada, the United States, Germany and Argentina. The Cauchari-Olaroz project is a lithium brine mineral project. The Lithium Nevada project is a smectite clay-based lithium project. In addition, its plant facility located in Fernley, Nevada, is constructed to manufacture specialty organoclay products (Hectatone products), derived from hectorite and other clays. Hectatone specialty organoclay products, derived from its hectorite clay and other clays, are used by oil and gas industry as specialty viscosifier additives for drilling fluids and in other sectors.

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.