Best Shares To Buy Based on Pattern Recognition: Returns up to 11.31% in 1 Month

Best Shares To Buy

This Utilities Stocks forecast is designed for investors and analysts who need predictions of the best utilities shares to buy for the whole Industry . It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

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

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 1 Month (12/29/2019 – 1/30/2020)
I Know First Average: 4.27%
Best Shares To Buy
Best Shares To Buy chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Utilities Stocks Package for this 1 Month forecast. The top-performing prediction in this forecast was NEE, which registered a return of 11.31%. Additional high returns came from BIP and BKH, at 9.25% and 7.44% respectively. The package had an overall average return of 4.27%, providing investors with a 2.92% premium over the S&P 500’s return of 1.35% during the period.

NextEra Energy, Inc. (NEE), through its subsidiaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2015, it served approximately 9.5 million people through approximately 4.8 million customer accounts in the east and lower west coasts of Florida. The company had approximately 46,400 megawatts of generating capacity. It also leases fiber-optic network capacity and dark fiber to telephone, wireless, and Internet companies. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. (NEE) in 2010. NextEra Energy, Inc. (NEE) was founded in 1984 and is headquartered in Juno Beach, Florida.

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.