Best Financial Stocks

This forecast is designed for investors and analysts who need predictions of Bank Stocks (see Bank Stocks Package). It includes 20 financial 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 Stock Forecast
Recommended Positions: Long
Forecast Length: 14 Days (4/16/2020 – 4/30/2020)
I Know First Average: 14.98%

Several financial stocks predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. The highest trade return came from FBC, at 31.39%. Further notable returns came from FBNC and QCRH at 20.7% and 19.67%, respectively. The package itself saw an overall return of 14.98%, providing investors with a 10.34% premium above the S&P 500’s return of 4.64% for the same time period.

Flagstar Bancorp, Inc. (FBC) operates as a savings and loan holding company for Flagstar Bank, FSB that provides financial products and services to individuals and businesses in the United States. The company operates through three segments: Mortgage Originations, Mortgage Servicing, and Community Banking. The Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan centers, national call centers, Internet, unaffiliated banks, mortgage banking, and brokerage companies. The Mortgage Servicing segment services and subservices mortgage loans; and residential mortgages held-for-investment and mortgage servicing rights, as well as provides noninterest-bearing escrow services. The Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, other services, consumer loans, commercial loans, and warehouse lines of credit. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services, such as interest rate risk protection products. This segment serves consumer, business, and mortgage lending customers through branch banking, business and commercial banking, government banking, warehouse lending, and held-for-investment portfolio groups. As of December 31, 2015, the company operated a regional office in Jackson, Michigan; 99 branches in Michigan; 10 retail centers in Michigan, Arizona, Connecticut, Florida, Kentucky, Missouri, New York, North Carolina, and Ohio; 5 wholesale lending offices; 1 underwriting office; and 1 commercial lending office. Flagstar Bancorp, Inc. (FBC) was founded in 1987 and is headquartered in Troy, Michigan.

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.