Best S&P 500 Stock Picks Based on Algorithmic Trading: Returns up to 47.95% in 3 Months

Best S&P 500 Stock Picks

This Best S&P 500 Stock Picks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

sp500
Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 3 Months (10/9/22 – 1/9/23)
I Know First Average: 20.72%
Best S&P 500 Stock Picks
Best S&P 500 Stock Picks chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the Top S&P 500 Stocks Package for this 3 Months forecast. The greatest return came from FCX at 47.95%. The suggested trades for URI and BBWI also had notable 3 Months yields of 32.15% and 26.72%, respectively. This algorithmic forecast package presented an overall return of 20.72% versus the S&P 500’s performance of 6.94% providing a market premium of 13.78%.

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.