Best Dividend Stocks Based on Machine Learning: Returns up to 8.81% in 1 Month

March 28, 2024

Best Dividend Stocks

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

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

dividend stocks
Package Name: Dividend Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (2/27/24 – 3/27/24)
I Know First Average: 4.78%
Best Dividend Stocks
Best Dividend Stocks chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the Dividend Stocks Forecast Package for this 1 Month forecast. The top-performing prediction in this forecast was JPM, which registered a return of 8.81%. TPX and EXP saw outstanding returns of 8.15% and 7.23%. The package had an overall average return of 4.78%, providing investors with a premium of 1.25% over the S&P 500’s return of 3.53% during the same period.

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.

Dividend Stocks Forecast