Best Industrial Stocks Based on Machine Learning: Return up to 49.76% in 1 Month

Best Industrial Stocks

This systematic trading Basic Industry Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Basic Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy:

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

Package Name: Basic Industry
Forecast Length: 1 Month  (04/06/16 – 05/06/16)
I Know First Average: 14.91%

Best Industrial Stocks

With 9 out of 10 stocks increasing as predicted and an average return more than 25 times the return of the S&P 500 for the same period, this forecast had an incredible performance. The top stock pick by far was SID with its growth of 49.76% in the 30-day time period. Other top stocks included SLW, OSK, and X with returns of 20.30%, 17.83%, and 16.32%. The forecast’s average return was 14.91% compared to the S&P 500’s 0.59%.

Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. The political situation in Brazil has contributed to significant growth in Brazilian stocks since the beginning of 2016.

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.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.