Best Dividend Paying Stocks Based on Short Term Algorithmic Forecast: Up To 43.40% in 7 Days

Best Dividend Paying Stocks

This best dividend paying stocks forecast is part of the “Dividend Stocks” package, as one of I Know First’s quantitative investment solutions. We determine our best stocks carrying a dividend and pick them by screening our database daily using our advanced algorithm.  The full Dividend Stocks Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

  • 10 best dividend stocks to long
  • 10 best dividend stocks to short

Package Name: “Dividend Stocks”
Recommended Positions: Long
Forecast Length: 7 Days (02/15/2016 – 02/22/2016)
I Know First Average: 14.43%

Best Dividend Paying Stocks

The Algorithm predicted correctly 10 out of 10 stocks for the 7 days dividend stock forecast. FCX was the top performing stock of the Dividend package, bringing returns of 43.40% in a 7 days period. Other great stocks were VALE with 26.62%, WYNN with 15.77% and JOY with 15.34%. The I Know First Average was 14.43% return compared to the mere 4.33% that the S&P500 returned in the same time horizon.

Freeport-McMoRan Inc.(FCX), a natural resource company, engages in the acquisition of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. Freeport-McMoRan has borrowed heavily to build up their business and now are in big debts as well not being able to come out from earning season with a healthy cashflow.

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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.