Best Robinhood Stocks

This forecast is part of the Robinhood Trades Package, one of I Know First’s algorithmic trading tools. The full investment universe includes the most traded stocks by Robinhood stock trading platform users. Based on it, I Know First AI Algorithm identifies the most promising stocks and produces forecasts that include:

• Top 10 stocks from Robinhood Trades for the long position
• Top 10 stocks from Robinhood Trades for the short position

Package Name: Robinhood Trades
Recommended Positions: Long
Forecast Length: 1 Month (8/25/24 – 9/25/24)
I Know First Average: 6.21%

9 out of 10 stock prices in this forecast for the Robinhood Trades Package moved as predicted by the algorithm. The top-performing prediction in this forecast was PLTR, which registered a return of 16.8%. DKNG and RCL had notable returns of 13.0% and 8.79%. The overall average return in this Robinhood Trades package was 6.21%, providing investors with a 4.65% premium over the S&P 500’s return of 1.56% 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.