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 (6/30/23 – 8/1/23)
I Know First Average: 13.02%

I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Robinhood Trades Package for the 1 Month time period. The top performing prediction from this package was NIO with a return of 55.8%. PLUG and SQ followed with returns of 27.6% and 22.32% for the 1 Month period. The package itself saw an overall return of 13.02%, providing investors with a 8.92% premium above the S&P 500’s return of 4.1% for the same time 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.